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  3. Study Set
    Principles of Corporate Finance Study Set 4
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    Exam 16: Lease Financing: Concepts and Techniques
  5. Question
    If the Lessee Is Required to Buy the Asset at Any
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If the Lessee Is Required to Buy the Asset at Any

Question 132

Question 132

True/False

If the lessee is required to buy the asset at any time in the leasing period, including at the end of the lease, the Canada Revenue Agency (CRA) may rule the contract a conditional sales arrangement and not a lease.

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