Which of the Following Statements Is FALSE

question 3

Multiple Choice

Which of the following statements is FALSE?

• A)In a leveraged lease,the lessor borrows from a bank or other lender to obtain the initial capital for the purchase,using the lease payments to pay interest and principal on the loan.
• B)In some circumstances,the lessor is not an independent company but rather a separate business partnership,called a special-purpose entity (SPE),which is created by the lessor for the sole purpose of obtaining the lease.
• C)In a direct lease,the lessor is not the manufacturer,but is often an independent company that specializes in purchasing assets and leasing them to customers.
• D)SPEs are commonly used in synthetic leases,which are designed to obtain specific accounting and tax treatment.

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Definitions:

Biological Mother

The woman who genetically contributed to the creation of an offspring.

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Individuals who have legally taken on the responsibility of caring for and raising a child who is not biologically their own.

Increased Risk

An elevated likelihood of encountering negative outcomes or dangers.

Personality Disorder

A type of mental disorder characterized by enduring maladaptive patterns of behavior, cognition, and inner experience, deviating from cultural expectations.