In a Direct Lease,the Lessor

question 71

Multiple Choice

In a direct lease,the lessor:
I.is the end user of the asset.
II.rents the leased asset from the manufacturer.
III.owns the asset.
IV.is generally an independent leasing company.

• A)II and III only
• B)I and IV only
• C)III and IV only
• D)II, III, and IV only
• E)I, II, III, and IV

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Definitions:

Big Five

A model describing human personality in terms of five broad dimensions: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

MARS Model

A framework identifying four factors—motivation, ability, role perceptions, and situational factors—that collectively affect individual performance.

Locus of Control

A psychological concept that refers to how strongly people believe they have control over the situations and experiences that affect their lives.

Big Five

A model outlining five broad dimensions of personality traits: openness, conscientiousness, extraversion, agreeableness, and neuroticism.