In a Finance Lease, the Lessor Does Not Select, Manufacture

question 39

Multiple Choice

In a finance lease, the lessor does not select, manufacture, or supply the goods. Rather, the lessor ________.

• A) receives the rights to the goods but does not receive title
• B) can acquire title to goods but not their possession
• C) acquires title to the goods or the right to their possession and use in connection with the terms of the lease
• D) must agree to take all the goods in any shape or form they are presented
• E) may refuse goods but must do so within 24 hours

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Definitions:

Stereotaxic Instrument

A precise tool used in neuroscience and surgery for positioning electrodes or other devices within the brain of an animal or human.

Implantation of Electrodes

The surgical insertion of electrodes into specific areas of the body or brain for the purpose of recording or stimulating electrical activity.

Tachistoscope

An apparatus used in psychological and vision research to present visual stimuli for very brief periods of time, often to study perception, memory, or reading.

Electroencephalograph

A device that measures and records the electrical activity of the brain, commonly known as an EEG.