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    Financial Institutions Management
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    Exam 3: Financial Services: Finance Companies
  5. Question
    Finance Companies Prefer to Outwardly Purchase Equipment and Then Lease
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Finance Companies Prefer to Outwardly Purchase Equipment and Then Lease

Question 65

Question 65

True/False

Finance companies prefer to outwardly purchase equipment and then lease it to a business rather than finance the purchase because they receive part of the lease payment in the form of a down payment from the purchaser.

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