Which of the Following Statements Is TRUE of Leasing

Multiple Choice

Which of the following statements is TRUE of leasing?

A) It is an arrangement in which a contractor supplies managerial know-how to operate a hotel, hospital, airport, or other facility in exchange for compensation.
B) The lessor transfers ownership of the property in exchange for a lump-sum payment.
C) It is a high-risk and high-cost method of entering a foreign market.
D) A major advantage for the focal firm is the ability to gain quick access to target markets, while putting assets to use in earning profits.