A Synthetic Lease a Special Purpose Entity (SPE) Is Set

question 22

True/False

a synthetic lease a special purpose entity (SPE) is set up by a corporation that wants to acquire the use of an asset The SPE borrows up to 97% of its capital, uses its funds to buy the asset, and then leases it to the sponsoring corporation on a short-term basis This keeps both the asset and the debt off the sponsoring company's books.

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Definitions:

The Military

Refers to the armed forces of a country, responsible for defending it from threats and conducting warfare.

Heterosexism

is an ideological system that denies, denigrates, and stigmatizes any non-heterosexual form of behavior, identity, relationship, or community.

Gay Officers

Refers to law enforcement or military personnel who identify as homosexual, highlighting considerations of sexuality within professional and sometimes discriminatory environments.

Lesbian Officers

Female law enforcement officers who identify as lesbian.