A Leveraged Lease Requires a Situation Where

question 82

Multiple Choice

A leveraged lease requires a situation where:

• A)lessee loaning part of the asset purchase to the lessor.
• B)lessor selling ownership of the leased asset to others.
• C)lessor borrows part of the asset's price.
• D)lessor loans the lessee funds to maintain the asset.

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Definitions:

Unilateral Change

Actions taken by an employer to alter terms of employment (such as wages, hours, or duties) without negotiation with the employees or their representatives.

Permissive Items

Items in collective bargaining that can be negotiated, but are not mandatory to include in agreements.

NLRB

The National Labor Relations Board, a federal agency in the United States responsible for enforcing US labor law in relation to collective bargaining and unfair labor practices.

Mandatory Bargaining Items

Subjects that, by law, must be discussed in the collective bargaining process between employers and labor unions.