Which of the Following Is Correct with Respect to "Finance

question 15

Multiple Choice

Which of the following is correct with respect to "finance leases"?

• A)A finance lease generally involves four parties.
• B)Finance leases are governed by the Truth in Lending Act rather than the UCC.
• C)The finance lessor functions merely as a source of credit.
• D)All of the above are correct.

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