Which of the Following Statements Is FALSE

question 27

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.

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Definitions:

Biological Mother

The woman who genetically contributed to the creation of an offspring.

Adoptive Parents

Individuals who have legally taken on the responsibility of caring for and raising a child who is not biologically their own.

Increased Risk

An elevated likelihood of encountering negative outcomes or dangers.

Personality Disorder

A type of mental disorder characterized by enduring maladaptive patterns of behavior, cognition, and inner experience, deviating from cultural expectations.