The reason for leasing of car can be considered as service, the points in favor and against of leasing a car from the perspective of buyer and the reason for leases are offered by manufacturers. Introduction: Lease refers to a written contract by an owner in which the owner gives legal authority to second party to use or enjoy the service for the specific period of time by taking a specific amount as payment.

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Chapter 1.8, Problem 24P

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To explain: The reason for leasing of car can be considered as service, the points in favor and against of leasing a car from the perspective of buyer and the reason for leases are offered by manufacturers.

Introduction: Lease refers to a written contract by an owner in which the owner gives legal authority to second party to use or enjoy the service for the specific period of time by taking a specific amount as payment.

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