which statement describes a car lease? a. you pay monthly installments, and own the car after you pay your…

which statement describes a car lease? a. you pay monthly installments, and own the car after you pay your last installment. b. you get to use a car for a specific time period by making daily payments. c. you get to use a car for a specific time period by making monthly payments.

which statement describes a car lease? a. you pay monthly installments, and own the car after you pay your last installment. b. you get to use a car for a specific time period by making daily payments. c. you get to use a car for a specific time period by making monthly payments.

Answer

Answer:

C. You get to use a car for a specific time period by making monthly payments.

Brief Explanations:

A car - lease is a contract where a person uses a car for a set time and pays monthly, without ownership at the end of the lease period as in option A. Daily payments are not typical for car - leases, making option B incorrect.