If a Financial Lease Analysis Shows a Positive Result, Which

question 60

Multiple Choice

If a financial lease analysis shows a positive result, which one of the following is true?

• A)the user should own the asset.
• B)the lessor should own the asset.
• C)given the asset choice, the lease terms favour leasing.
• D)leasing is preferable so long as there is no salvage.

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Definitions:

Invasion Of Privacy

The intrusion into the personal life of another, without just cause, which can give the person whose privacy has been invaded a right to bring a lawsuit for damages against the person or entity that intruded.

Intent Necessary

The requirement in law and ethics that an action must be accompanied by a conscious aim or purpose to perform that action.

Commit A Tort

The act of violating a duty or law, resulting in harm or injury to another, which can be redressed by a lawsuit for damages.

Commit A Crime

The act of engaging in an activity that is forbidden by law and punishable by the state or other authority.