Examlex
Evaluate the radical expression if it is a real number. Use a calculator to approximate irrational numbers to the nearest
hundredth. If the expression is not a real number, so state.
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Lessor
The party in a lease agreement who owns the asset and grants its use to another party (the lessee) for a specified period in exchange for payment.
Leveraged Lease
The lessor borrows a portion of the funds needed to buy the equipment to be leased.
Lessee's Standpoint
A perspective focusing on the rights, obligations, and financial impacts on the individual or entity that leases an asset from another.
Unleveraged Lease
A lease agreement where the lessee does not increase their leverage ratio by adding debt to finance the lease.
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