Reasons for Leasing Short-term lease are convenient Cancellation option are valuable Maintenance is provided Standardization leads to low administrative and transaction cost Tax shields can be used slide 13slide 13 Reasons for Leasing Reasons for Leasing ƒ Short-term lease are convenient ƒ Cancellation option are valuable ƒ Maintenance is provided ƒ Standardization leads to low administrative and transaction cost ƒ Tax shields can be used