Multiple Choice
Which of the following is true of a finance lease?
A) It involves leasing out money to a lessee.
B) The lessor is the supplier of goods.
C) It consists of a lessor, a lessee, and a supplier.
D) The lessee acquires the title of the goods.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q70: What are the methods and manners of
Q71: Miranda Airways, a commercial air carrier, has
Q72: The firm offer rule allows the offeror
Q73: E-signature is the signature of a person
Q74: Article 2 of the UCC defines a
Q76: Contracts for the provision of services are
Q77: The _ is a model act passed
Q78: What is the function of the gap-filling
Q79: Only movable goods come under the scope
Q80: Article 2A of the UCC deals with