Which One of These Conditions Must Be Met for a Lease

question 89

Multiple Choice

Which one of these conditions must be met for a lease to qualify as a capital lease?

• A) The lease contains a bargain purchase price at the end of the lease.
• B) The lease must have a value of at least $10 million.
• C) The lease must have a life of 10 years.
• D) All of these.

---

Definitions:

Change Your Routine

Altering one’s daily patterns or habits to improve efficiency, health, or well-being.

Break A Habit

The process of effectively stopping or altering a habitual behavior or pattern.

Arousal Level

The degree of physiological excitability or alertness experienced by an individual.

Acronym TOTE

A cognitive model standing for Test-Operate-Test-Exit, used to describe the process of goal-oriented behavior.