A lease is an agreement to use an asset in exchange for regular payment

Indicate whether the statement is true or false.

Answer: TRUE
Explanation: A lease is an agreement to use an asset in exchange for regular payment. It is similar to renting.

Business

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Information such as facts, techniques, and procedures that trainees can recall after the training, and skills that trainees can demonstrate in tests are examples of _____.

A. training outcomes B. transfer of training C. return on investment on training D. training credits E. training improvements

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Fraternal insurance companies are one type of mutual insurer.

a. true b. false

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