Which of the Following Is Not Included in the Minimum

question 61

Multiple Choice

Which of the following is not included in the minimum lease payments?

• A) any guarantee by the lessee of the residual value
• B) any payments on failure to renew or extend the lease
• C) executory costs
• D) minimum periodic rental payments

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Definitions:

Rear Toe

The angle at which the rear wheels of a vehicle are oriented in relation to its longitudinal axis, affecting stability and cornering.

Thrust Angle

The orientation of a vehicle's rear wheels and axles in relation to the centerline of the vehicle, important for proper alignment.

Rear Wheel

The wheel located at the back of a vehicle, responsible for supporting the vehicle's weight and, in many cases, receiving power from the engine to move the vehicle.

Camber

The angle of the wheels of a vehicle relative to the vertical direction, seen from the front of the vehicle. Positive camber means the top of the wheel is tilted away from the vehicle.