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.
Investment Management
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)- A3% (1)
- B3% (1)
- C85% (28)
- D9% (3)
Topics
#leasing rationale#tax benefits#intermediate-term financing#lease vs buy
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