If a Lessee Has a Zero Tax Rate, He Faces

question 95

True/False

If a lessee has a zero tax rate, he faces no advantage of leasing over buying, since he gets no tax shelter in either case.

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Definitions:

Selective Screening

Allows only a portion of available information to enter our perceptions.

Conscious Awareness

Pertains to being fully aware and mindful of one's immediate environment, thoughts, and feelings.

Law Of Effect

Law of effect states that behavior followed by pleasant consequences is likely to be repeated; behavior followed by unpleasant consequences is not.

Past Experiences

The collective events or occurrences in one's life that shape perceptions, attitudes, and behaviors.