A leasehold is:

A. The same as a patent.
B. Recorded as revenue expenditure when paid.
C. The rights granted to the lessee by the lessor of a lease.
D. An asset held as an investment.
E. A short-term rental agreement.


Answer: C

Business

You might also like to view...

The anchoring and adjustment heuristic comes in to play when consumers base their predictions on the quickness and ease with which a particular example of an outcome comes to mind

Indicate whether the statement is true or false

Business

What distinguishes liabilities from equity?

What will be an ideal response?

Business

Discuss how performance appraisal and feedback contribute to an organization's effective management of human resources.

What will be an ideal response?

Business

When consumers are optimistic about the overall state of the economy, their ________ ________ will be high and they will tend to purchase more.

Fill in the blank(s) with the appropriate word(s).

Business