Which Statement Is Correct About the Bargain Purchase Option (BPO)

question 60

Multiple Choice

Which statement is correct about the bargain purchase option (BPO) ?

• A)It is cash that the lessee will receive at the end of the lease.
• B)It cannot be assumed that the BPO will be exercised.
• C)It is excluded in the minimum lease payment calculation.
• D)It means that ownership will transfer to the lessee.

---

Definitions:

Kenneth Clark

An African American psychologist whose research on the effects of segregation on black children was instrumental in the Brown vs. Board of Education Supreme Court case.

Inner-City

A term often used to refer to areas in the central part of a major city, known for higher population density, economic challenges, and sometimes cultural vibrancy.

Mississippi Appendectomy

A term for involuntary sterilization procedures performed on poor, African American women in the United States, particularly in the South, without their informed consent.

Forced Sterilization

A human rights violation involving the coerced or involuntary sterilization of individuals without their informed consent, often targeting marginalized groups.