Constant payments are required each period in a lease's term in a _____ lease.
A)graduated
B)percentage
C)straight
D)net

Question

Quizplus · Accepted Answer

Straight lease requires the lessee to make constant payments each period throughout the lease term. Graduated lease involves periodic increases or decreases in the rent, percentage lease is based on a percentage of the tenant's sales, and net lease requires the tenant to pay for some or all of the operating expenses in addition to rent.

Constant Payments Are Required Each Period in a Lease's Term