One Way to Acquire Financing on Existing Equipment Is to Sell

question 38

True/False

One way to acquire financing on existing equipment is to sell that equipment back to the dealer and then repurchase it under a payment contract.

---

Definitions:

Neurons

Basic working units of the nervous system, cells specialized in carrying messages through an electrochemical process.

Endorphins

Natural, pain-relieving chemicals in the brain that are associated with feelings of euphoria and well-being.

Shock

A medical emergency involving a sudden and severe drop in blood pressure, leading to insufficient blood flow to the organs.

Schizophrenia

A severe mental disorder characterized by disturbances in thought, perception, and behavior, manifesting in symptoms like hallucinations and delusions.