American_Bankers_Association

CTFA · Question #204

The principal reason for the existence of leasing is that:

The correct answer is C. Companies, financial institutions, and individuals derive different benefits from owning. See the full explanation below for the reasoning.

Question

The principal reason for the existence of leasing is that:

Options

AIntermediate-term loans are difficult to obtain
BThis is a type of financing unaffected by changes in tax law
CCompanies, financial institutions, and individuals derive different benefits from owning
DLeasing is a renewable source of intermediate-term funds

How the community answered

(33 responses)

A
3% (1)
B
3% (1)
C
85% (28)
D
9% (3)

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