A Lease That Gives the Lessee the Option to Purchase

question 12

Multiple Choice

A lease that gives the lessee the option to purchase the asset at its fair market value at the termination of the lease is called a:

• A)fair market value cap lease.
• B)fair market value lease.
• C)$1.00 out lease.
• D)fixed price lease.

---

Definitions:

Separate Sperm

The process of isolating sperm cells from semen for various medical procedures, such as artificial insemination or sperm donation.

Developing Human Organism

The physiological and psychological growth and changes that occur in a human being from conception to adulthood.

Ninth Week

A specific time frame, often used to denote the ninth week of a particular period such as a university semester or a pregnancy.

Conception

The process of becoming pregnant involving the fertilization of an egg by a sperm, or the formation of an original idea or plan.