From the Perspective of the Lessor,leases May Be Classified as Either

question 23

Multiple Choice

From the perspective of the lessor,leases may be classified as either:

• A)Direct financing or sales-type.
• B)Operating,capital,or direct financing.
• C)Operating,sales-type,indirect financing.
• D)Operating,direct financing,or sales-type.

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Definitions:

Franchising

A business model wherein a business owner (franchisor) grants to an individual or entity (franchisee) the rights to operate a business under the franchisor's brand and system in exchange for a franchise fee and ongoing royalties.

Foreign Market

This refers to the markets outside the domestic boundaries where a company can sell its products or services, often requiring adaptation to local needs and regulations.

Franchisor

An entity or individual that grants another party the right to conduct business under their trademark or trade name in exchange for a franchisee fee and a percentage of franchise operation sales.

Franchisee

An individual or company that is granted the license to do business under the franchisor's trademark, brand, and business model.