Which of the Following Is Not a Reason for Leasing

question 74

Multiple Choice

Which of the following is not a reason for leasing?

• A)leasing provides the lessor with insurance against obsolescence.
• B)leasing can reduce taxable income.
• C)leasing can be a source of off-balance-sheet financing, provided certain conditions are met.
• D)a company can obtain financing easier by the leasing company retaining title to the asset.

Understand the principles of vehicle insurance coverage and claims.

Determine the cost-effectiveness of vehicle maintenance and upgrades.

Calculate and interpret fuel efficiency metrics.

Apply mathematical concepts to real-life scenarios involving vehicle transactions and travel.

---

Definitions:

Rowdy Event

An event characterized by wild, unruly, or unrestrained behavior, often involving a large group of people.

Owning Property

Pertains to the legal right or interest that an individual or entity has in possessing, using, and managing a tangible or intangible item.

Rhode Island

The smallest state by area in the United States, located in the New England region, known for its sandy shores and maritime history.