AN JUAN SAILBOAT CHARTERS CASE QUESTIONS San Juan Sailboat Charters (SJSBC) is an agency that leases (charters) sailboats not own the boats. Instead, SJSBC leases boats on behalf of boat owne income from their boats when they are not using them, and SJSBC charges the for this service. SJSBC specializes in boats that can be used for multiday ant owners a fee weekly charters eklychahe The smallest sailboat available ?s28feetn length and t elargestis5ifeeri equipment is vided at the time of the charter. Most of the equipment is provided by the oun some is provided by SJSBC. The owner-provided equipment includes equipment attached to the boat, such as radios, compasses, depth indicators and other instruha tion, stoves, and refrigerators. Other owner provided equipment, such as sails, chors, dinghies, life preservers, and equipment in the cabin (dishes, silverware, cokm utensils, bedding, and so on), is not physically attached to the boat. SJSBC provides sumable supplies, such as charts, navigation books, tide and current tables, soap, dish pto. Each sailboat is fully equipped at the time it is leased. Most of the owners ln els, toilet paper, and similar items. The consumable supplies are treated as equipment SJSBC for tracking and accounting purposes. Keeping track of equipment is an important part of SJSBC's responsibilities. Much df the equipment is expensive, and those items not physically attached to the boat can be ily damaged, lost, or stolen. SJSBC holds the customer responsible for all of the boar' equipment during the period of the charter. SJSBC likes to keep accurate records of its customers and charters, and customers required to keep a log during each charter. Some itineraries and weather conditions more dangerous than others, and the data from these logs provide information about the customer experience. This information is useful for marketing purposes as uating a customer's ability to handle a particular boat and itinerary are Sailboats need maintenance. Note that two definitions of boat are (1) "break out other thousand" and (2) "a hole in the water into which one pours money." SJSBC is quired by its contracts with the boat owners to keep accurate records of all maintenane ctivities and costs