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. Â
What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)...
 (1782 ÷ 11.98) ÷ 2.92 × 35.89 + 25% of 541 – 67% of 1299 = ?
16.02% of (189.15 + 210.87) + 9.02³ - (7.95 of 4.98) = ? of (37.95 - 19.89)
You are provided with three sequences below. Determine the values of P, Q, and R, and then identify the relationship among them.<...
25.02% of 460.02+?% of 300.02=295.21
Monthly income of A is Rs. 66000 out of which he spent 18%, 11% and 21% of his total income in rent, medicine and transportation, respectively. Find his...
447.79 ÷ √(√2400) + 30.94 × 6.07 – 5.08 × 21.96 = ?
96.03% of √225.02 × 14.98 = ? + 19.98
- What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)
20.11% of 159.99 + √99.97 ÷ 5.02 = ?