Which Three Statements Relate Accurately to Finance Leasing

question 26

Multiple Choice

Which three statements relate accurately to finance leasing?

• A) They are generally short term arrangements.
• B) The finance provider expects to recover the full cost of the equipment plus interest over the period of the lease.
• C) They normally include a primary and a secondary period.
• D) The lessee usually has no right to cancellation or termination.

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