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Companies usually prefer to lease assets than buy them. Explain the following points: 1- What is the meaning of leasing an asset? 2- List four

Companies usually prefer to lease assets than buy them. Explain the following points:

1- What is the meaning of leasing an asset?

2- List four reasons why firms prefer to lease.

3- Mention two types of lease.

4- What are the four leasing conditions?

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