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Simon is conducting a survey in an urban neighborhood in which many individuals have Internet access,but some do not.He has a brief survey that can easily be completed online,but he wants to maximize his coverage of the community.He creates flyers and posters that give the website where the survey can be completed,but also a phone number that can be called so an automated phone survey can be completed.This is best described as a(n) ____..
Bargain Purchase Option
A lease option that allows the lessee to purchase the leased asset at the end of the lease term for a price significantly lower than the expected fair market value.
Minimum Lease Payments
The lowest amount that a lessee is obligated to pay over the lease term for the right to use an asset, including principal and interest.
Executory Costs
Expenses associated with the ongoing execution of agreements or contracts, such as maintenance and insurance costs in leasing agreements.
Guarantee
A promise or assurance, typically in writing, that certain conditions will be fulfilled, often related to the quality, durability, or performance of a product.
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