Prevailing Westerly Winds Cause Easterly Currents

question 15

True/False

Prevailing westerly winds cause easterly currents.

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Definitions:

Operating Lease

A lease agreement where the lessor retains ownership, and the asset is returned after the lease term ends.

Capital Lease

A lease considered to have the financial characteristics of asset ownership for accounting purposes, often with the lessee assuming the risks and benefits of ownership.

Total Liabilities

The sum of all financial obligations a company owes to outside parties, including loans, accounts payable, mortgages, and other debts.

Total Assets

The sum of all assets owned by a company, including current, fixed, intangible, and financial assets.