Which of the Following Statements Best Describes Leveraged Lease Agreements

question 11

Multiple Choice

Which of the following statements best describes leveraged lease agreements?

• A)Typically,the lessor is responsible for repayment if the loan is a non-recourse loan.
• B)They are similar to an operating lease in that the lessor maintains ownership of the asset upon completion of the lease term.
• C)They are a type of finance lease.
• D)They are a type of operating lease.

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