In purchasing an existing business, Alice has decided to lease the equipment and fixtures from the original owner rather than purchasing it outright to save money initially. This is an example of ______.
A) holdback money
B) thinning the assets
C) escrow settlement
D) goodwill

Question

Quizplus · Accepted Answer

The Answer of In purchasing an existing business, Alice has decided to lease the equipment and fixtures from the original owner rather than purchasing it outright to save money initially. This is an example of ______.
A) holdback money
B) thinning the assets
C) escrow settlement
D) goodwill

In Purchasing an Existing Business, Alice Has Decided to Lease