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Leasing 101
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Leasing 101

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Questions and Answers

What is the nature of the relationship between the lessor and the lessee in a leasing agreement?

  • Lessor transfers full ownership to the lessee
  • Partnership where both parties share ownership of the leased assets
  • Lessee becomes the owner of the leased assets
  • Lessor retains ownership while lessee has the right to use the leased assets (correct)

    • Who regulates and monitors activities of financial leasing companies?

  • Central Bank
  • International Monetary Fund (IMF)
  • Financial Regulatory Authority (FRA) (correct)
  • World Bank

    • What is a sale-leaseback in the context of leasing?

  • Selling owned assets and then leasing them back from the buyer (correct)
  • Selling leased assets to another lessee
  • Leasing assets to a buyer with an option to purchase
  • Exchanging assets with another leasing company

    • What are the lessee's rights and responsibilities (obligations) under financial leasing contracts?

    <p>Rights and obligations as agreed upon in the leasing contract</p> Signup and view all the answers

    How do you select a financial leasing company?

    <p>Consider the company's reputation, terms, and conditions, and compare with other options</p> Signup and view all the answers

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