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Roberta picks her toddler up at the daycare after she gets off work. The child is asleep in her car seat and Roberta decides to stop off at the local pool hall for a beer and to talk to some friends for a little while. She leaves the child in the car while she goes inside. She winds up staying for a second beer and a couple of line dances. The temperature in the car reaches 120 degrees and the child dies of hyperthermia. Roberta, though not very bright, would never intentionally harm her child
-Which of the following elements is apparently lacking in this scenario?
Operating Leases
Lease agreements that allow for the use of an asset but do not convey rights of ownership, typically involving shorter-term leases with lower payments.
Financial Leases
Long-term leases that are effectively a method of borrowing to acquire equipment or vehicles, with lessee payments covering the asset's full value plus interest over the lease term.
Tax-Oriented Lease
This is a leasing arrangement in which the lessor retains ownership of the asset and enjoys tax advantages, such as deductions for depreciation, while the lessee benefits from using the asset.
Third-Party Lease
A contractual agreement where an outside party becomes the lessor, leasing assets or property to the primary party, commonly utilized in equipment and property rentals.
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