There Is a Difference Between a Small Business and an Entrepreneurship

question 37

True/False

There is a difference between a small business and an entrepreneurship venture.

---

Definitions:

Lessee

An individual or entity that leases an asset from another, agreeing to make payments in exchange for using the asset for a specified period.

Lessee

An individual or entity that leases or rents property or equipment from another, known as the lessor.

Leveraged Lease

A lease arrangement where the lessor uses borrowed funds to acquire an asset which is then leased to a lessee, effectively leveraging the investment.

Tax-Oriented Lease

A leasing arrangement designed to maximize tax benefits for the lessor, who retains ownership of the asset for tax purposes.