Ask Question
BusinessBusiness
12 February, 17:53

Based upon acquiring equity or wealth, purchasing a car is to purchasing a home as leasing a car is toa. improving a house. b. repairing a house. c. buying a condominium. d. joining a cooperative. e. renting an apartment.

+2
Answers (1)
  1. 12 February, 18:52
    0
    renting an apartment

    Explanation:

    A lease refers to a business agreement that allows for a resource to be used by the lessee (user) to compensate the lessor (owner). Land, houses, and automobiles are commonly leased assets. In addition, manufacturing or business machinery is rented.

    A lease agreement, generally speaking, relates to a contract around two sides, the leaseholder and the tenant. The lessor is indeed the rightful holder of the commodity; in exchange for periodic rental pays, the lessee gets the opportunity to use the resource.

    The lessee, therefore, intends to comply with different conditions with respect to their being the estate or facilities. Thus, from the above we can conclude that the correct option is E.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Based upon acquiring equity or wealth, purchasing a car is to purchasing a home as leasing a car is toa. improving a house. b. repairing a ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
The Internet is an example of a. electronic media. c. print media. b. wire services. d. public broadcasting.
Answers (1)
Which of the following is a fixed cost? A) A cost that is $28.00 per unit when production is 70,000, and $17.50 per unit when production is 112,000. B) A cost that is $28.00 per unit when production is 70,000, and $56.
Answers (1)
Suppose that Third National Bank has reserves of $20,000 and checkable deposits of $200,000. The reserve ratio is 10 percent.
Answers (1)
A company using the periodic inventory system has merchandise inventory costing $259 on hand at the beginning of a period. During the period, merchandise costing $695 is purchased. At year-end, merchandise inventory costing $109 is on hand.
Answers (1)
The aggregate supply curve is Group of answer choices A) vertical in the long run and slopes upward in the short run. B) upward sloping in the long run and vertical in the short run. C) vertical in the short run and in the long run.
Answers (1)
New Questions in Business
When using statistics to support a speech, it is best to do all of the following except: a. use statistics to quantify ideas. b. use statistics to explain. c. present statistics with charts or graphs so it is easier for listeners to grasp d.
Answers (1)
While waiting in line to buy two tacos at 75 cents each, and a medium drink for 80 cents, Emma notices that the restaurant has a value meal containing three tacos and a medium drink all for $2.50.
Answers (1)
A not-for-profit nursing home has total expense of $20 million. Sales tax in the state is 7%. Expenses are broken down into salaries ($12 million), supplies ($6 million), and other miscellaneous not subject to tax ($2 million).
Answers (1)
The year-end financial statements of Greenway Company contained the following elements and corresponding amounts: Assets = $23,000; Liabilities = ?
Answers (1)
Bear Co. prepares its statement of cash flows using the indirect method. Bear sold equipment with a carrying value of $500,000 for cash of $400,000.
Answers (1)
Home » Business » Based upon acquiring equity or wealth, purchasing a car is to purchasing a home as leasing a car is toa. improving a house. b. repairing a house. c. buying a condominium. d. joining a cooperative. e. renting an apartment.
Sign Up Forgot Password?