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General Electrics would be considered a multinational enterprise because it sources, markets, and produces its goods in several countries.
Direct Leasing
A lease arrangement where the lessor purchases the asset and rents it directly to the lessee without involving intermediaries.
Lease Versus Buy
The decision-making process regarding whether to finance an asset through leasing or purchasing it outright.
Operating Lease
A leasing agreement allowing the use of an asset without ownership, typically with shorter terms than a finance lease.
Lessor
A lessor is an individual or entity that rents out an asset to a lessee under a lease agreement.
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