Based on your understanding of the advantages to leasing from a qualitative perspective, what is the firm likely to do in each situation$$lease or buy? Assume all other quantitative factors remain constant.

Company #$1$: MobiProne is a mobile technology startup company. The company needs equipment to manufacture its customized mobile phones. MobiProne should the equipment.

Company #$2$: Aadi owns a small$-$sized printing business. During the December holiday season, the demand for hardcover perfect binding increases, but last year nonseasonal demand increased as well. Now Aadi has constant demand for hardcover perfect binding. Irrespective of whether Aadi buys the machine or leases it$,$ he needs to service the machine. Aadi should a perfect binding machine.