Which of the Following Is Not a Condition Which Would

question 127

Multiple Choice

Which of the following is not a condition which would require the recording of a lease contract as a finance lease?

• A) The lease transfers ownership of the property to the lessee.
• B) The lease contains a bargain purchase option.
• C) The lease term is a minor portion of the economic life of the leased property.
• D) The present value of the lease payments represents substantially all of the fair value of the leased property.

---

Definitions:

Closed Fracture

A type of bone fracture where the skin over the wound remains intact and there is no visible wound over the fracture site.

Comminuted Fracture

A type of bone fracture characterized by the bone being broken into more than two pieces, often requiring surgical intervention for proper healing.

Pressure Bandage

A type of bandage applied tightly to a limb or other parts of the body to exert pressure, commonly used to control bleeding or swelling.

Strain

Injury to muscles from tension caused by overuse or misuse.