Examlex
One of the key considerations when setting up a crowdsourcing task is ____________.
Capital Lease
A capital lease is a lease in which the lessee records the leased asset as if it has been purchased, creating both an asset and a liability on the balance sheet.
Economic Life
The estimated period over which an asset is expected to be economically usable, both for its original purpose or for other purposes.
Bargain Purchase Option
An option in a lease agreement that allows the lessee to purchase the leased asset at the end of the lease term at a price significantly lower than the expected fair market value.
Lease Term
The fixed, non-cancellable period of time for which a lease is agreed upon between the lessee and the lessor.
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