For a lessor to classify a lease as a capital lease, collectability of the required minimum lease payments must be reasonable assured

Indicate whether the statement is true or false.

Answer: TRUE

Business

You might also like to view...

Under a group life policy, the insurer will issue an individual _____ to the policyowner for delivery to each person insured.

A) policy B) certificate C) application D) rider

Business

Nondiversifiable risk reflects the contribution of an asset to the risk, or standard deviation, of the portfolio

Indicate whether the statement is true or false

Business