All but One of the Following Are Reasons for Leasing

question 21

Multiple Choice

All but one of the following are reasons for leasing:

• A)companies with a weak credit rating can obtain financing because the lessor retains title to the asset.
• B)payments on a lease are variable, and therefore removes an additional element of uncertainty.
• C)the terms offered under a lease may be more attractive than those that a customer could get under a comparable loan.
• D)leases provide the lessee with flexibility and insurance against obsolescence.

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Definitions:

Expressed

Conveyed or made known one's thoughts, feelings, or ideas through words, actions, or art.

Dormant

In a state of temporary inactivity or rest, with the potential to awaken or activate.

Genes

Units of heredity made up of DNA that act as instructions to make molecules called proteins, impacting an organism's development and functioning.

Environmental Events

Occurrences or incidents in the natural world that can influence behavior and mental processes.