Which of the Following Statements Is False

question 41

Multiple Choice

Which of the following statements is false?

• A) In a direct lease, the lessor is the manufacturer (or a primary dealer) of the asset.
• B) The lease specifies any cancellation provisions, the options for renewal and purchase, and the obligations for maintenance and related servicing costs.
• C) If a firm already owns an asset it would prefer to lease, it can arrange a sale and leaseback transaction.
• D) With many leases, the lessor provides the initial capital necessary to purchase the asset, and then receives and retains the lease payments.

---

Definitions:

Central Executive

The process that coordinates rehearsal systems and retrieves memory from and transfers information to permanent memory.

Phonological Loop

A component of the working memory model that deals with the storage and manipulation of verbal and auditory information.

Visuospatial Sketchpad

A component of working memory responsible for temporarily holding and processing visual and spatial information.

Episodic Buffer

The system that binds visual and verbal information in the long-term store and retrieves information from the long-term store.