Important advantages of leasing include the flexibility of the lease agreement and protection against obsolescence.

Name: Important advantages of leasing include the flexibility of the lease agreement and protection against obsolescence.
Brand: Quizplus
Rating: 4.8 (34 reviews)

Question

Quizplus · Accepted Answer

Leasing offers flexibility in the terms of agreement, such as lease length and payment amount. Additionally, leasing allows companies to stay up-to-date with the latest equipment and technology by providing protection against obsolescence.

Important Advantages of Leasing Include the Flexibility of the Lease