All but One of the Following Are Reasons for Leasing

question 21

Multiple Choice

All but one of the following are reasons for leasing:

• A)companies with a weak credit rating can obtain financing because the lessor retains title to the asset.
• B)payments on a lease are variable, and therefore removes an additional element of uncertainty.
• C)the terms offered under a lease may be more attractive than those that a customer could get under a comparable loan.
• D)leases provide the lessee with flexibility and insurance against obsolescence.

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Definitions:

Rationalization

Rationalization is a defense mechanism in which controversial behaviors or feelings are justified and explained in a seemingly rational or logical manner to avoid the true explanation.

Chronic Use

The long-term, persistent use of a substance or engagement in a behavior, often leading to dependency or addiction.

Inadequacy

The feeling or state of being insufficient or not good enough to meet a standard or fulfill a need.

Self Help Group

Peer-led groups that offer support and mutual aid for individuals facing similar issues, such as addiction or mental health challenges.