Leasing equipment due to concerns over the residual value is considered an example of leasing to reduce uncertainty.

Name: Leasing equipment due to concerns over the residual value is considered an example of leasing to reduce uncertainty.
Brand: Quizplus
Rating: 4.8 (38 reviews)

Question

Quizplus · Accepted Answer

Leasing equipment to mitigate concerns over its residual value is indeed an example of leasing to reduce uncertainty, as it transfers the risk of the equipment's future value from the lessee to the lessor.

Leasing Equipment Due to Concerns Over the Residual Value Is