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Question

A common practice in the case of industrial products is to lease out the product than to buy it. State true or false.


A

True

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B

False

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Solution

The correct option is A

True


True. A common practice in the case of industrial products is to lease out the product than to buy it. Industrial products are very costly. Hence, it might be beneficial for a company to lease out products like machinery for use during a stipulated period. After the lease period is over, the machinery can be returned back.


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