Which of the Following Statements Is False

question 4

Multiple Choice

Which of the following statements is false?

• A) By offering assets together with complementary services, lessors can achieve efficiency gains and offer attractive lease rates.
• B) Assets leased under a true lease are afforded bankruptcy protection and cannot be seized in the event of default.
• C) Because of the higher recovery value in the event of default, a lessor may be able to offer more attractive financing through the lease than an ordinary lender could.
• D) Lessors often have efficiency advantages over lessees in maintaining or operating certain types of assets.

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Definitions:

Soviet Occupation

Period of control or governance by the Soviet Union over other nations, especially in Eastern Europe after World War II.

Kulaks

Wealthy peasants in Russia who owned larger farms and were considered enemies by the Bolsheviks during the early Soviet period, leading to their persecution.

Vichy

A city in France that was the seat of the French government from 1940 to 1944 during the occupation by Nazi Germany in World War II, associated with the collaborationist Vichy regime.