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Questions and Answers
What is the nature of the relationship between the lessor and the lessee in a leasing agreement?
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?
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?
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?
What are the lessee's rights and responsibilities (obligations) under financial leasing contracts?
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How do you select a financial leasing company?
How do you select a financial leasing company?
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