Short-term leases are convenient but:
A)often expensive for the lessee.
B)often cheap for the lessee.
C)usually involve second-rate equipment.
D)are not as profitable for the lessor as longer-term ones.

Question

Quizplus · Accepted Answer

Short-term leases are convenient for lessees who only need equipment for a short period of time, but they often come with higher monthly payments and fees than longer-term leases. This is because lessors need to make a profit within a limited time frame, so they charge more per month to make up for the shorter lease period.

Short-Term Leases Are Convenient But