Other Reasons for Leasing

There are, of course, many special reasons for some companies to find advantages in leasing. In one celebrated case, the U.S. Navy leased a fleet of tankers instead of asking Congress for appropriations. Thus, leasing may be used to circumvent capital expenditure control systems set up by bureaucratic firms. This is alleged to be a relatively common occurrence in hospitals, for example. Many school districts lease buses and modular classrooms and pay for them out of their operating budgets when they are unable to gain approval for a bond issue to raise funds.

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