Multiple Choice
Shelton Engines Inc.has built a new model of engines that can withstand more heat than the competing engines in its class.Lokin Inc., a sports car manufacturer, ________ the equipment from Shelton Engines Inc.for $1, 000, 000.Shelton Engines Inc.transfers title to the engine to Lokin Inc.Lokin Inc.is now the owner of the equipment.
A) captures
B) leases
C) purchases
D) produces
Correct Answer:
Verified
Correct Answer:
Verified
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