ECONOMICS
SAVING AND INVESTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is NOT included in a loan document
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Lease
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Promissory note
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Security agreement
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Financing statement
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Explanation:
Detailed explanation-1: -Direct Lease Was this answer helpful?
Detailed explanation-2: -Contents of a lease agreement Amount of rent and due dates, grace period, late charges. Mode of rent payment. Methods to terminate the agreement prior to the expiration date and charges if any. Amount of security deposit and the account where it is held.
Detailed explanation-3: -Finance leasing. Operating leasing. Contract hire.
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