Leasing Is an Option with a Considerably Lower Initial Cash

question 72

True/False

Leasing is an option with a considerably lower initial cash outlay and is often the only feasible choice for new businesses.

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Definitions:

Losses

The negative financial result from business activities when costs exceed revenues.

Demand

The total quantity of a good or service that consumers are willing and able to purchase at various prices during a specified period.

Supply

The total amount of a product or service that is available to consumers.

Rents

Payments made for the use of property or land; in economics, it also refers to earnings in excess of the minimum amount needed to keep a factor of production in its current use.