A capital or capitalized lease is also known

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Reference no: EM132061369

1. A capital or capitalized lease is also known as ________.

A. a leveraged lease

B. a financial lease

C. an operating lease

D. a direct lease

2. In a voluntary settlement, each creditor will be paid 20 cents on a dollar in 120 days. The remaining 80 cents on a dollar will be paid within an additional 60 days. This is an example of ________.

A. a composition

B. a combination of a composition and extension

C. an extension

D. a liquidation

Reference no: EM132061369

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