From the Lessor's Standpoint, Which of the Following Statements Regarding

question 67

Multiple Choice

From the lessor's standpoint, which of the following statements regarding leasing is false?

• A) The lease provides a method of indirectly making a sale.
• B) The asset is transferred to the lessee and removed from the books of the lessor.
• C) For sales-type lease agreements, the lessor earns interest in addition to profit from the transfer of the asset.
• D) The risk of default is a disadvantage for the lessor.

---

Definitions:

Greatest Fear

A term referring to the most profound or intense fear an individual experiences, which can significantly influence their behavior and decisions.

Dangerous Throughout Human History

Pertaining to things or events that have consistently posed threats to human survival or well-being across different epochs.

Recent Times

A term referring to the period or events that have occurred in the near past.

Childhood

The period in a human's life from birth to puberty, characterized by growth, development, and learning.