Risk and rewards are transferred in _______ and not in _______.
In a finance lease, the lessee (the person leasing the asset) assumes most of the risks and rewards associated with ownership of the asset. This is because the finance lease is structured in a way that resembles a loan, with the lessee making regular payments to the lessor (the person who owns the asset) in exchange for the use of the asset. The lessee is responsible for maintaining the asset, insuring it, and paying any taxes associated with its use. At the end of the finance lease term, the lessee may have the option to purchase the asset at a predetermined price. In contrast, in an operating lease, the lessor assumes most of the risks and rewards associated with ownership of the asset. The lessee typically pays a rental fee to the lessor for the use of the asset, but the lessor remains responsible for maintaining the asset, insuring it, and paying any taxes associated with its use. At the end of the operating lease term, the lessee typically returns the asset to the lessor, with no option to purchase it at a predetermined price. Overall, finance leases and operating leases have different characteristics and are used for different purposes, depending on the needs and goals of the parties involved.
Select the option in which the numbers are related in the same way as are the numbers in the given sets.
(NOTE: Operations should be performed on...
Select the option in which the numbers share the same relationship in set as that shared by the numbers in the given set. (Note: Operations should be p...
Select the option that is related to the third number in the same way as the second number is related to first number and the sixth number is related t...
Which two signs should be interchanged to make the following equation correct?
36 ÷ 48 × 16 + 8 – 40 = 76
If E = 10, HIM = 60, then ‘SWIM’ will be equal to?
Select the correct combination of letters that when sequentially placed in the blanks of the given series will complete the series.
J _ Q _ L P J...
Select the set in which the numbers are related in the same way as are the numbers of the following sets.
(NOTE : Operations should be performed ...
Select the related number from the given alternatives.
CDE : HIJ :: KLM : ?
Question : Answer :: Problem : ?
Find the next term of the series.
2, 6, 12, 20, 30, ?