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Which Factor Would Contribute Toward the Lessor Classifying a Lease

Question 15

Multiple Choice

Which factor would contribute toward the lessor classifying a lease as a financial lease?


A) Lessor retains risk of breakage to leased asset.
B) Lessor has reward of high resale value.
C) Lessor does not have risk of change in demand for the leased asset.
D) Lessor does not have guaranteed residual value.

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