Question
Risk and rewards are transferred in _______ and not
in _______.Solution
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.
What is the term used for the uninterrupted replenishment of sterile nutrient medium to maintain cell growth in culture?
Which is fire resistant bamboo species :
The temporary roots in maize root system are
According to the State of Forest Report 2021, what is the percentage of mangrove cover in India's total geographical area?
According to 4th Advance estimate for 2021-22 of agriculture crops, the total food grain production has been estimated to be
Match the following
a. Whiptail disease i) Potato
b. Dieback disease ii) Cauliflower
c. Khaira disease iii) Citrus
d. Early ...
Mineral nutrient refers to
_____________ weed is the alternate. Weed hoat for Ergot disonso in Penrl millet.
Rainfed area in India presently constitute about _____________ % of the not cultivated area.
Depending upon the variety, the recommended seed rate for planting of sugarcane in Punjab ranges between: