Which of the Following Statements Is FALSE

question 36

Multiple Choice

Which of the following statements is FALSE?

• A)By offering assets together with complementary services,lessors can achieve efficiency gains and offer attractive lease rates.
• B)Assets leased under a true lease are afforded bankruptcy protection and cannot be seized in the event of default.
• C)Because of the higher recovery value in the event of default,a lessor may be able to offer more attractive financing through the lease than an ordinary lender could.
• D)Lessors often have efficiency advantages over lessees in maintaining or operating certain types of assets.

---

Definitions:

1998 Revisions

Refers to updates or changes made to laws, regulations, or documents in the year 1998.

Article 9

A provision of the Uniform Commercial Code that deals with secured transactions involving personal property.

Upward Social Comparison

The process of comparing oneself to others who are perceived to be better off or superior in some way, often leading to feelings of inspiration or inadequacy.

Social Comparison

The process by which individuals evaluate their own abilities, achievements, and situations by comparing them to those of others.