________ is an agreement to use an asset in exchange for regular payment.
A) Credit card
B) Lease
C) Mortgage
D) Trade credit
E) Commercial paper

Question

Quizplus · Accepted Answer

A)Lease is an agreement to use an asset in exchange for regular payment. It is similar to renting.
B)Lease is an agreement to use an asset in exchange for regular payment. It is similar to renting.
C)Lease is an agreement to use an asset in exchange for regular payment. It is similar to renting.
D)Lease is an agreement to use an asset in exchange for regular payment. It is similar to renting.
E)Lease is an agreement to use an asset in exchange for regular payment. It is similar to renting.

________ Is an Agreement to Use an Asset in Exchange