3016. Type of financial security in which firms do not borrow money rather lease their assets is classified as

leases
preferred stocks
common stocks
corporate stocks
✅ The correct answer is A.
Type of financial security in which firms do not borrow money rather lease their assets is classified as leases. A lease is a contract outlining the terms under which one party agrees to rent property owned by another party.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top