BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following clearly defines Price Checking?
A
A prospect calls on the phone and ask for your rental rates.
B
A supervisor checks your knowledge of rental rates.
C
Both A and B
D
None of the Above
Explanation: 

Detailed explanation-1: -Which of the following clearly define the Leasing services? One party agrees to rent property owned by another party. It guarantees the lessee, also known as the tenant, use of an asset.

Detailed explanation-2: -When the asset under lease is a piece of real estate, then the lessee is a tenant and the lessor is the landlord. The lessee is the temporary occupant of the property, and the lessor owns the property in which the lessee is staying. Who Holds the Lease of the Property?

Detailed explanation-3: -One advantage of a financial lease is that: it has a shorter maturity than term loans. it never appears as a liability on the balance sheet. it eliminate the needs to make periodic payments.

There is 1 question to complete.