Strictly speaking, ______________ are also fractions

AT&T wants to obtain additional rights to operate within the 700 MHz spectrum in the U.S. The Federal Communications Commission (FCC) has rules and regulations that govern wireless spectrum auction. The FCC is

a. an administrative agency. b. a executive agency. c. a legislative agency. d. a judicial agency.

Which is not an advantage of leasing from a lessee's viewpoint? ?

A) The asset can be acquired without having to make a substantial down payment. B) The lease is a way of indirectly making a sale. C) "Off-balance-sheet financing" may be practiced. D) The risk of obsolescence may be reduced.