Which of the Following Is Not an Advantage of Leasing

question 59

Multiple Choice

Which of the following is not an advantage of leasing one's business premises?

• A)The flexibility of moving to different premises at the end of the lease term
• B)Lease payments may be a tax deductible expense
• C)Rent money contributes to payment for an asset
• D)Initial costs are much lower than when buying premises

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Definitions:

Export

The process of selling goods or services produced in one country to other countries.

Absolute Advantage

A situation where a country or individual can produce more of a good or service with the same amount of resources than others.

Competitive

A market situation where multiple firms or entities vie for the same customers or market share.

World Markets

The global marketplace where goods, services, currencies, and investments are traded across national borders, facilitating international economic integration.