What Is the Meaning of "Minimum Lease Payments

question 57

Multiple Choice

What is the meaning of "minimum lease payments"?

• A)Payments over the lease term including executory costs.
• B)Payments over the lease term excluding executory costs.
• C)Payments over the lease term until the bargain purchase option is exercised.
• D)Payments over the lease term until guaranteed residual value is received.

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