McqMate
| 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 | |
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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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