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Which type of lease makes you responsible for any difference between the actual and estimated depreciation on the car you lease? (a) closed-end lease (b) open-end lease (c) contingent lease (d)
depreciated lease.
b
Expert answered|toxictoast96|Points 2180|
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Asked 8/19/2010 9:20:12 PM
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Questions asked by the same visitor
What is one positive thing you can do to keep your student loans under control?
Weegy: Student loans should only be spent on necessities; actual student fees (course fees, books, school supplies), housing, and food. Do not spend your Student loan on entertainment, clothing, alcohol...etc. Prioritize and use common sense. (More)
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Asked 8/12/2010 11:58:33 AM
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Fixed-rate loans usually carry lower initial interest rates than do variablerate loans. True or false
Weegy: true (More)
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Updated 8/12/2010 1:55:55 PM
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False. It is just the opposite; adjustable rate loans usually have lower starting interest rates than fixed-rate loans. But with adjustable rate loans, the starting rate does not indicate what the future cost of borrowing will be, because the interest rate changes. If the interest rate rises, the cost will be higher; consequently, if the interest rate goes down, the cost will be lower. According to Wikipedia, some studies have shown that on average, the majority of borrowers with adjustable rate mortgages save money in the long term.
Added 8/12/2010 1:55:55 PM
Which of the following is not a requirement to be eligible for a federal student loan? (a) Comply with Selective Service registration. (b) Be enrolled in a federally accredited college. (c) Be taking courses to fulfill degree or certificate requirements. (d) Be a U.S. citizen with a high school diploma or equivalent.
Weegy: b User: Ford Motor Credit, which finances Ford autos for customers, is an example of a: (a) consumer finance company. (b) sales finance company. (c) retail finance company. (d) wholesale finance company. Weegy: d User: Borrowers who do not qualify for loans at commercial banks are often able to obtain loans at consumer finance companies. True or false Weegy: false (More)
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Asked 8/12/2010 12:33:31 PM
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