In the same Web site as for problem 25, click on "Leasing for Business" under "LeaseGuide" and read the arguments about why businesses should consider leasing. What do you think about the arguments?
In problem
QEF's Consulting Services' Web site at www.leasingcanada.com has information about leasing in Canada. Click on "LeaseGuide" and then on "Lease Glossary." Identify the terms that deal with the possibility of terminating (or not terminating) a lease. Likewise, identify the various ways the asset can be disposed of at the end of lease.