Advantages of Leasing from the Lessee's Perspective Include All of the Following

Multiple Choice

Advantages of leasing from the lessee's perspective include all of the following EXCEPT

A) capability of effectively depreciating land.
B) ability to avoid restrictive covenants that are normally part of a long-term loan.
C) benefit of the salvage value at the end of the term of the lease reverts to the lessor.
D) 100 percent financing.