A lessor Multiple choice question. holds legal title to the leased asset during the lease. pays rent to the lessee. obtains a right-of-use asset through a lease. normally transfers ownership of the asset to the lessee at the end of the lease. has physical control of the leased asset during the lease.

Of the four types of discharge, firing a. results from an employee's poor performance⎯that is, from his or her failure to fulfill expectations.b. is for-cause dismissal⎯the result of employee theft, gross insubordination, release of proprietary information, and so on.c. usually refers to the temporary unemployment experienced by hourly employees and implies that they are "subject to recall."d. designates the permanent elimination of a job as a result of workforce reduction, plant closing, or departmental consolidation.