In the Case of Fast-Moving Technology, It Is Possible for the Lessee

question 6

Multiple Choice

In the case of fast-moving technology, it is possible for the lessee to shift the risk level to the lessor. Computer technology is a good example of the risk of ______________.

• A) being in the computer business
• B) doing business
• C) obsolescence
• D) being a "cutting-edge" company
• E) being in a competitive market

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Definitions:

Predictive Validity

The extent to which a test score or measure can predict future performance or outcomes.

Concurrent Validity

A measure of how well a particular test correlates with a previously validated measure taken at the same time.

Reliability

The consistency and dependability of a measurement tool or test over time.