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Commerce · Q588

Business Finance

Graduate and Post Graduate · Commerce · question 588

Q588

The principal reason for the existence of leasing is that

A.
intermediate term loans are difficult to obtain
B.
this is a type of financing unaffected by changes in tax law
C.
companies, financial institutions and individuals derive different benefits from owing assets
Answer
D.
leasing is a renewable source of intermediate term funds

Answer: Option C

Solution

Answer: Option C
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