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Renting: Quiz


Question 1: Renting a deckchair or beach chair and ________.
United KingdomJapanLondonUmbrella

Question 2: Persons and businesses that regularly rent goods from a particular company generally have an account with that company, which reduces the administrative procedure (________) on each occasion.
Ronald CoaseTransaction costNew institutional economicsEconomics

Question 3: The rental agreement for real estate is often called a lease, and usually involves specific property rights in ________, as opposed to chattels.
CondominiumProperty lawReal propertyAllodial title

Question 4: Renting somewhat specialized tools, such as a ________, laptop, IT equipment or something more substantial, such as a forklift.
Circular sawChainsawGarden forkAxe

Question 5: Renting keeps off-balance-sheet the debt that would burden the ________ of a company in case the property would have been bought.
Equity (finance)Balance sheetAccountancyAsset

Question 6: Renting transport equipment, such as an ________, boat, or a bicycle.
Disc brakeAutomobileVacuum servoThrottle

Question 7: When something is needed only temporarily, as in the case of a special ________, a truck or a skip.

Question 8: Signing out ________ from a library could be considered renting when there is a fee per book.

Question 9: The ________ of the good, service or property may be referred to as the lessor and the party paying to use the property as the lessee or renter.
Property lawReal estateOwnershipPersonal property

Question 10: Renting is an agreement where a payment is made for the temporary use of a good, service or ________ owned by another person or company.
LawPropertyProperty lawIntellectual property


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