Leasing Enables Asset Use Without Ownership

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Question:

With leasing, can an enterprise possess and operate an asset without owning it? Question 8Answer a. No b. Only in certain sectors c. Only with permission d. Yes

Answer:

d. Yes

With leasing, an enterprise can possess and operate an asset without owning it. Leasing allows businesses to use assets while making periodic payments to the owner (lessor) of the asset.