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Assume That You Have Taken a Car on a Closed-End

Question 100

Multiple Choice

Assume that you have taken a car on a closed-end lease for a period of 5 years. At the end of the fifth year, you would need to pay additional money only if:


A) fuel costs have been higher than expected.
B) the residual value is more than expected.
C) the mileage limits are exceeded.
D) the company upgrades the automobile.
E) your automobile insurance premiums increase.

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