All leases are classified as eithera. capital leases or long-term leases. b. capital leases or operating leases. c. operating leases or current leases, d. long-term leases or current leases.

B

Explanation:

Leases can be classified as either operating leases or financing leases(also called capital leases). ITo know the difference of the two, one must be aware whether the risks and rewards associated with ownership of the asset have been fully transferred to the lessee from the lessor.

If these risks and rewards have been fully transferred, it is called a financing lease (financing leases are known as capital leases). Otherwise, it is an operating lease, which is basically the same as a landlord and tenant contract.

the correct answer is:

it required the president to inform congress within forty-eight hours of any new troop commitment.

the war powers resolution (1973) is a federal law designed to limit the u.s. president’s ability to initiate or intensify military actions abroad without the approval of the congress.

it establishes that the president can send armed forces into action abroad only by declaration of war by congress, statutory authorization, or in case of a national emergency created by attack upon the united states, its territories or possessions, or its armed forces.

it requires the president to notify congress within 48 hours of sending armed forces to military action.

answer; commerce clearing house;