Which of the Following Is a Characteristic of a True

question 30

Multiple Choice

Which of the following is a characteristic of a true lease?

• A)The presence of a provision for the transfer of the title to the lessee
• B)The presence of interest as a factor in rental charges
• C)Rental charges that are competitive with those charged by other lessors of similar equipment
• D)The assumption of the risk of loss by the lessee

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Definitions:

Random Variable

A variable whose values are numerical and result from randomness.

Probability Distribution

A function in mathematics that offers the chances of various outcomes happening in an experiment.

Average Profit

The mean amount of profit earned, calculated by dividing the total profit by the number of units sold or the period over which the profit was earned.

Weight Gain

An increase in body weight, which can be due to muscle mass increase, fat accumulation, or other factors.