An Operating Lease's Primary Characteristics Are

An operating lease's primary characteristics are:

A) fully amortized, lessee maintains equipment and there is no cancellation clause.
B) not fully amortized, lessor maintains equipment and there is a cancellation clause.
C) fully amortized, lessor maintains equipment and there is a cancellation clause.
D) not fully amortized, lessor maintains equipment and there is not cancellation clause.
E) fully amortized, lessee maintains equipment and lessee can acquire assets at end of lease for fair market valuE.

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