Use the Facts of This Situation to Answer the Related

question 38

Multiple Choice

Use the facts of this situation to answer the related question that follows it. A enters into an agreement with B,an automobile dealer.A does not have the cash to buy the car,so a leasing arrangement is made under which each lease payment is a payment towards the purchase of the car.Ownership of the car remains with B until A makes the last payment,at which time it is transferred to A.
In the fact situation above,the lease is best described as

• A)a hire-purchase agreement.
• B)an operating lease.
• C)a sale and purchase agreement.
• D)a security lease.
• E)none of the above

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Definitions:

Hot and Cold Therapies

Treatment methods that involve the application of heat or cold to the body to reduce pain and promote healing.

Noncompliance

The failure or refusal to adhere to prescribed treatment plans, medications, or therapeutic instructions.

Ethnic Group

A community or population made up of people who share a common cultural background, heritage, language, or lineage.

Cultural Beliefs

The values, norms, and practices that are shared among members of a group or society, influencing behaviors and interpretations of events.