What Are Examples of Liquid Consumption

question 12

Multiple Choice

What are examples of liquid consumption?

• A) Platform brands such as Air BnB and Uber
• B) Soft drinks
• C) Brands that change their meaning a lot
• D) Buying brands to signal our wealth

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Definitions:

Guaranteed Residual Value

The predetermined value guaranteed to the lessee by the lessor or a third party, ensuring the asset will have a certain value at the end of the lease term.

Maintenance Agreement

A contract in which one party agrees to maintain an asset owned by another party, typically involving regular service checks and repairs.

Guaranteed Purchase Options

Provisions in insurance or financial contracts allowing the holder to acquire additional coverage or securities at predetermined conditions.

Capital Leases

Leasing agreements classified as purchases of assets for accounting purposes, due to their terms transferring substantial ownership rights to the lessee.