What is an attractive way for a business to acquire the use of equipment for a specified period of time?
A) through a bailment contract
B) through a possessory lien
C) through a lease
D) through an easement

Question

Quizplus · Accepted Answer

Leasing equipment allows a business to use the equipment for a specified period of time in exchange for payment, without the need to purchase it outright. This can be an attractive option for businesses looking to save on upfront costs or avoid long-term commitments to equipment that may become obsolete.

What Is an Attractive Way for a Business to Acquire