The consequences of missing a financial lease payment are ________ those of missing an interest or principal payment on debt.
A) less severe than
B) the same as
C) more severe than
D) unrelated to

Question

Quizplus · Accepted Answer

Missing a financial lease payment has consequences that are the same as those of missing an interest or principal payment on debt, as both can lead to default and similar legal and financial repercussions.

The Consequences of Missing a Financial Lease Payment Are ________