Which of the Following Statements Is FALSE

question 27

Multiple Choice

Which of the following statements is FALSE?

• A)In a direct lease,the lessor is the manufacturer (or a primary dealer)of the asset.
• B)The lease specifies any cancellation provisions,the options for renewal and purchase,and the obligations for maintenance and related servicing costs.
• C)If a firm already owns an asset it would prefer to lease,it can arrange a sale and leaseback transaction.
• D)With many leases,the lessor provides the initial capital necessary to purchase the asset,and then receives and retains the lease payments.

---

Definitions:

Naturalistic Observation Method

A study approach where individuals are monitored in their original surroundings, with no intervention by the researcher.

Experimental Method

A research methodology that involves manipulating one variable to determine if changes in one variable cause changes in another.

Correlational Method

A research strategy that examines the extent to which two variables are naturally related, without manipulating any of the variables.

Psychometric Approach

A method in psychology that involves measuring mental capacities and processes through standardized tests.