Which of the Following Statements Characterizes a Sale-Leaseback Arrangement

question 208

Multiple Choice

Which of the following statements characterizes a sale-leaseback arrangement?

• A) The lessee also is the seller.
• B) The lessor treats the lease as an operating lease.
• C) The lessee buys the asset from a third party.
• D) The lessor's interest rate always is higher than in a finance lease.

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