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Sources Of Business Finance

Question

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Under the lease agreement, the lessee gets the right to :
Share profits earned by the lessor
Participate in the management of the organisation
Use the asset for a specified period
Sell the assets

Solution

C.

Use the asset for a specified period

Some More Questions From Sources of Business Finance Chapter

Give meaning of owner’s capital.

Give meaning of borrowed capital.

Give meaning of long-term finance.

Give meaning of medium-term finance.

Give meaning of short-term finance.

Define shares.

Give the types of shares.

Define preference shares.

Give meaning of equity share.

Give the meaning of debenture.

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