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Leasing 101

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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

Leasing 101

Choose a study mode

Podcast

Questions and Answers

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

Who regulates and monitors activities of financial leasing companies?

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

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

How do you select a financial leasing company?

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