Question

............ is an agreement under which a firm acquires a right to make use of a capital asset like machinery etc.

1) HIRE PURCHASE
2) VENTURE CAPITAL
3)LEASE
4)CREDIT RATING​

Answer 1

Lease is an agreement under which a firm acquires a right to make use of a capital asset like machinery etc.

1. lease is a contract through which a person grants an exclusive rights over a certain asset for a period of time in return of payment to another person.
2. the person who grants the right over the asset is called the lessor.
3. the person to whom rights over the asset is granted is called lessee
4. the amount received in return of the asset is called rent or lease rental.
5. this contract is valid for a certain period of time mentioned by both the parties.

hence, the correct option is 3)LEASE

Answer 2

"3)LEASE"

Explanation:

A rent is a sort of exchange of things attempted by an organization to reserve the option to utilize a resource. In a rented organization will pay the other party a settled upon amount of cash, much the same as lease, in return for the capacity to utilize the resource. is a legally binding course of action where one party, called the lessor, gives a resource.

Renting a resource is a more prudent choice than buying the genuine resource since it requires a much lower cash expense. Lessor versus resident – the course of action between these two gatherings is gone into a rent arrangement, which is a legally binding report endorsed.