---------- lease contracts are usually non cancellable.

Related MCQs

• A very long tenure lease applicable to immovable properties is ____________.
• When the lessee is allowed to exchange equipment leased out whenever the original asset has to be sent to the lessor for some repair or maintenance, such type of lease is called _____.
• ----------- is a tripartite lease arrangement
• In ............... lease, leasing company assumes risk of obsolescence.
• Financial lease introduced in India by...................
• Equipment lease transaction is treated as contract of............
• ............ lease is for a limited period
• The entire lease rental is treated as........ in the books of lessor
• An average lease agreement involves.............
• ----------- is suitable lease arrangement for retail shop, mall etc