An Operating Lease Is Cancelable Because

question 59

Multiple Choice

An operating lease is cancelable because:

• A)the asset is easily broken or damaged.
• B)the lessee typically is uncertain about his use needs for the asset.
• C)the lessor may need the asset for some other purpose.
• D)the lessee is not a good credit risk.

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Definitions:

Maternal Malnutrition

Poor nutritional status of a mother during pregnancy, which can affect fetal development and increase the risk of birth complications.

Neurological Defects

Abnormalities or malfunctions in the nervous system that can lead to various disorders or disabilities.

Mental Retardation

An outdated and offensive term for intellectual disability, which is characterized by significant limitations in intellectual functioning and adaptive behavior, originating before the age of 18.

Zygote

The initial cell formed when a sperm cell and an egg cell merge at conception, representing the earliest stage of human development.