Which of the following statements is a true statement with regard to the difference between equipment leasing and equipment rental?
A. Rental requires the use of the equipment for a specified length of time.
B. Leasing frequently involves a contract specifying the length of time the lease may be in effect.
C. Equipment obtained through a lease agreement can be returned without financial penalty.
D. Equipment leasing and rental are synonymous.
B
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Which of the following retailers is most likely to be a parasite in a shopping center?
a. high-fidelity specialty retailer b. men's shoe store c. snack bar d. department store
With decreasing term insurance
A) the premiums remain constant, but the face amount of the policy declines. B) the premiums decline, and the face amount of the policy declines. C) the premiums remain constant, and the face amount of the policy remains constant. D) the premiums decline, and the face amount of the policy increases.