Q.

What does a Leasing Company provide?

A. Machinery and capital equipment on hire
B. Legal guidance in establishing an enterprise
C. Office accommodation on hire
D. Technical consultancy and experts for a fee
Answer» A. Machinery and capital equipment on hire
Explanation: Leasing is a process by which a firm can obtain the use of a certain fixed assets for which it must pay a series of contractual, periodic, tax deductible payments. Equipment leasing is a financing alternative for businesses to acquire needed machinery while saving precious operating capital. Leasing provides opportunities to use available money to operate assets that can make more money over time.
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