A Long-Term Lease That Cannot Be Cancelled and That Transfers

question 49

Multiple Choice

A long-term lease that cannot be cancelled and that transfers virtually all the rewards and risks of ownership to the lessee is called:

• A) a direct lease.
• B) a finance lease.
• C) an operating lease.
• D) a leveraged lease.

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Definitions:

Hypothalamus

A region of the brain responsible for producing hormones that regulate body temperature, hunger, moods, and the release of hormones from other glands.

Cerebellum

A region of the brain that plays an important role in motor control, and it may also be involved in some cognitive functions such as attention and language as well as in regulating fear and pleasure responses.

Hippocampus

A brain structure that is a central processor of memory, especially memory for locations.

Ovaries/Testes

The primary reproductive organs in females and males, respectively, responsible for producing gametes (eggs in females, sperm in males) and hormone production.