A Lease in Which the Lessor Is Not the Manufacturer

question 47

Multiple Choice

A lease in which the lessor is not the manufacturer of the asset but is often an independent company that specializes in purchasing assets and leasing them to customers is called a:

• A)sales-type lease.
• B)direct lease.
• C)sale and leaseback.
• D)leveraged lease.
• E)synthetic lease.

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Definitions:

Antioxidants

Substances that can prevent or slow damage to cells caused by free radicals, unstable molecules that the body produces as a reaction to environmental and other pressures.

Vitamin E

A group of fat-soluble compounds that have antioxidant properties, protecting cells from the damage caused by free radicals.

Vitamin C

An essential nutrient that acts as an antioxidant, supports the immune system, and is necessary for the synthesis of collagen.

Kilocalories

A unit of energy defined as the amount of heat needed to raise the temperature of one kilogram of water by one degree Celsius, commonly used to quantify the energy content in food.