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Commerce · Q493

Business Finance

Graduate and Post Graduate · Commerce · question 493

Q493

One difference between a financial lease and operating lease is that

A.
there is a often a call option in a financial lease
B.
there is often an option to buy in an operating lease
C.
an operating lease is often cancellable by the lessee
Answer
D.
a financial lease is often cancellable by the lessee

Answer: Option C

Solution

Answer: Option C
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