American_Bankers_Association
CTFA · Question #204
CTFA Question #204: Real Exam Question with Answer & Explanation
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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
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