Which One of the Following Can Be Associated with the Cheap

question 21

Multiple Choice

Which one of the following can be associated with the cheap financing motivation of leasing?

• A)Interest rates are fixed for the period of the lease.
• B)No maintenance costs.
• C)Reduce risk of holding the asset.
• D)All of the above

---

Definitions:

Unconscionability

A legal doctrine that describes terms that are so extremely unjust, or overwhelmingly one-sided in favor of the party who has the superior bargaining power, that they are contrary to good conscience.

Contract

A legally binding agreement between two or more parties, outlining obligations and rights concerning products, services, or other matters.

Material Alteration

A significant change to a document that affects the rights and obligations of the parties involved.

Cisg

The United Nations Convention on Contracts for the International Sale of Goods, a treaty that establishes a uniform framework for international commerce.