Home › CBSE Class 11 (Commerce) › Business Studies › Sources of Business Finance › Lease finance is more common for which assets th…
Lease finance is more common for which assets that quickly become obsolete?
ALand and godowns
BFactory buildings
CComputers, electronics
DWooden furniture
Answer & Solution
Correct answer: C. Computers, electronics
Computers and electronic items become obsolete fast with changing technology, so leasing suits them.
Related questions
Which is true of the choice of a source of funds?Short-term financing mostly funds which kind of asset?Besides finance, development institutions also provide what?Financial institutions mainly meet which type of requirements?Government financial institutions are also called what?Before sanctioning a loan, a commercial bank requires the borrower to do what?A bank loan does not need which formality?A merit of bank loans is that business secrecy is what?