Question

Based upon acquiring equity or wealth, purchasing a car is to purchasing a home as leasing a car is toa. improving a house.b. repairing a house.c. buying a condominium.d. joining a cooperative.e. renting an apartment.

Answer 1

Answer:  

renting an apartment

                           

Explanation:

A lease refers to a business agreement that allows for a resource to be used by the lessee (user) to compensate the lessor (owner). Land, houses, and automobiles are commonly leased assets. In addition, manufacturing or business machinery is rented.

A lease agreement , generally speaking,  relates to a contract around two sides, the leaseholder and the tenant. The lessor is indeed the rightful holder of the commodity; in exchange for periodic rental pays, the lessee gets the opportunity to use the resource.

The lessee, therefore, intends to comply with different conditions with respect to their being the estate or facilities. Thus, from the above we can conclude that the correct option is E.