Question
The lessee in a financial lease bears the most of the same risks and rewards as ownership except: Multiple Choice he doesn't know how large
The lessee in a financial lease bears the most of the same risks and rewards as ownership except:
Multiple Choice
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he doesn't know how large his lease payments are.
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he has no tax shelter for his cash outflows.
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he has no access to capital gain from an extraordinary salvage value.
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he can cancel his obligations to a lessor with 30 days' notice.
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The Business Of Personal Finance
Authors: Joseph Calandro Jr, John Hoffmire
1st Edition
1032104562, 978-1032104560
