People and Businesses Create ____ Lists to Keep Track of People

question 54

Multiple Choice

People and businesses create ____ lists to keep track of people that are important to them or to their business.

• A)people
• B)individual
• C)record
• D)contact

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Definitions:

Operating Lease

A leasing agreement allowing the use of an asset without ownership, typically with shorter terms than a finance lease.

Lessor

A lessor is an individual or entity that rents out an asset to a lessee under a lease agreement.

Lessee

A person or entity that leases an asset from another, the lessor, under the terms of a lease agreement, gaining the right to use the asset for a specified period in exchange for regular payments.