Risk and rewards are transferred in _______ and not in _______.
In a finance lease, the lessee (the person leasing the asset) assumes most of the risks and rewards associated with ownership of the asset. This is because the finance lease is structured in a way that resembles a loan, with the lessee making regular payments to the lessor (the person who owns the asset) in exchange for the use of the asset. The lessee is responsible for maintaining the asset, insuring it, and paying any taxes associated with its use. At the end of the finance lease term, the lessee may have the option to purchase the asset at a predetermined price. In contrast, in an operating lease, the lessor assumes most of the risks and rewards associated with ownership of the asset. The lessee typically pays a rental fee to the lessor for the use of the asset, but the lessor remains responsible for maintaining the asset, insuring it, and paying any taxes associated with its use. At the end of the operating lease term, the lessee typically returns the asset to the lessor, with no option to purchase it at a predetermined price. Overall, finance leases and operating leases have different characteristics and are used for different purposes, depending on the needs and goals of the parties involved.
The rotation intensity of rice-wheat-rice-fallow rotation will be:
A breeding method which permit moderate inbreeding under moderate selection pressure is called:
Rice variety IR–36 belongs to the groups of:
Ergot is an important disease of:
Which process is involved in sugarcane crop?
The use of tensiometer is confined up to metric potential of
Which of the following information forms available to the marketing manager can usually be accessed more quickly and cheaply than other information sour...
The agriculture sector, which is the largest employer of workforce, accounted for a sizeable 18.8 per cent (2021-22) in Gross Value Added (GVA)of the co...
Among the following cereals, which has the lowest protein content:
How many members are present in the WTO?