The Party to a Lease That Owns an Asset but Does

question 182

Multiple Choice

The party to a lease that owns an asset but does not use the asset is called the:

• A) Manufacturer.
• B) Lessee.
• C) Lessor.
• D) Transferor.
• E) Transferee.

---

Definitions:

Greek Heroes

Mythological figures from ancient Greek literature and folklore, celebrated for their extraordinary strength, courage, and achievements.

Compassion

Fellow feeling, sympathy, the sharing of another’s suffering.

Saint Augustine

A Christian theologian and philosopher from the late Roman period, known for his writings on original sin, grace, and predestination.

Martin Luther

A seminal figure in the Protestant Reformation who challenged the practices of the Roman Catholic Church, emphasizing salvation through faith in God's grace.