The Distinction Between a Direct-Financing Lease and a Sales-Type Lease

question 29

True/False

The distinction between a direct-financing lease and a sales-type lease is the presence or absence of a transfer of title.

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Definitions:

Neurons

Specialized cells in the nervous system that transmit information through electrical and chemical signals.

Action Potential

A neural impulse; a brief electrical charge that travels down an axon.

Axon

An elongated, thin extension of a neuron that transmits electrical signals from the cell body of the nerve cell.

Electrical Charge

A physical property that causes particles or objects to experience a force within an electromagnetic field.