A lessee has substantially all of the benefits and risks of ownership in an operating lease.

Answer the following statement true (T) or false (F)


False

Business

You might also like to view...

Which of the following is true of an economy in a liquity trap?

A. The money supply in the economy increases rapidly as additions are made to the monetary base. B. The economy's nominal short-term interest rates become close to zero. C. The banks in the economy do not hold any reserves. D. The economy's interest rates decline when there is an increase in the monetary base.

Business

Describe the three categories of media investments.

What will be an ideal response?

Business

If a raccoon gets loose from a cage and harms someone, the owner can escape liability by showing that he took great care to keep the animal confined

a. True b. False Indicate whether the statement is true or false

Business

A contract is an agreement that can be enforced in court

Indicate whether the statement is true or false

Business