Which of the Following Is Not an Advantage of Leasing

question 85

Multiple Choice

Which of the following is not an advantage of leasing?

• A)Off-balance-sheet financing
• B)Less costly financing
• C)100% financing at fixed rates
• D)All of these answer choices are advantages.

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Definitions:

Marginal Cost

The financial outlay required to produce an additional unit of a good or service.

Gasoline

A transparent, petroleum-derived liquid that is used primarily as a fuel in most spark-ignited internal combustion engines.

Car Wash

A facility for cleaning vehicles, typically involving an automated system with brushes and water jets or a manual cleaning by workers.

Marginal Decisions

Decisions made based on the additional benefit or cost of consuming or producing one more unit of a good or service.