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In a Finance Lease, the Lessor Does Not Select, Manufacture

Question 39

Multiple Choice

In a finance lease, the lessor does not select, manufacture, or supply the goods. Rather, the lessor ________.


A) receives the rights to the goods but does not receive title
B) can acquire title to goods but not their possession
C) acquires title to the goods or the right to their possession and use in connection with the terms of the lease
D) must agree to take all the goods in any shape or form they are presented
E) may refuse goods but must do so within 24 hours

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