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Which of the following lease provisions would cause a lease to be classified as an operating lease?
Zone of Saturation
The area beneath the Earth's surface where all the pores and fractures of the rock are filled with water.
Permeability
A measure of how easily fluids can flow through a porous material, such as rocks or soil, due to the presence of interconnected void spaces.
Loosely Cemented Sand
Sand particles that are weakly bound together by a mineral matrix, which can easily erode or change shape under physical stress.
Volcanic Rock
Rock formed from magma erupted from a volcano or solidified on the surface of the earth.
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