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  3. Study Set
    Contemporary Financial Management Study Set 1
  4. Exam
    Exam 19: Lease and Intermediate-Term Financing
  5. Question
    All of the Following Have Been Cited as Advantages of Leasing
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All of the Following Have Been Cited as Advantages of Leasing

Question 1

Question 1

Multiple Choice

All of the following have been cited as advantages of leasing by small businesses except:


A) less cash required up front
B) fewer restrictive covenants from lessor than lenders
C) lower effective interest costs relative to borrowing
D) quicker approvals from lessors than from lenders

Correct Answer:

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