Which Condition Would Not Result in a Finance Lease

question 25

Multiple Choice

Which condition would not result in a finance lease?

• A)Risk of breakage is with the lessee.
• B)Reward of high resale value is with the lessor.
• C)Risk of change in rental rates is with the lessee.
• D)Reward of longer than expected useful life for the leased asset is with the lessee.

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Definitions:

Discipline

A field of study or branch of knowledge; also refers to the practice of training to improve strength or self-control.

Authoritarian

Characterized by strict obedience to authority at the expense of personal freedom; often related to governance or parenting styles.

Play in The Street

Engaging in recreational activities or games in a roadway, often seen in residential areas with limited traffic.

Spanking

A form of discipline that involves striking the buttocks of another person to cause physical pain, often used as punishment for children.