Multiple Choice
Disadvantages of leasing from the lessee's perspective include all of the following EXCEPT
A) the return to the lessor is quite high.
B) prohibition on leasehold improvements.
C) under a financial lease, an asset may subsequently become obsolete.
D) the maximum claim of the lessor in the event of bankruptcy is three years of lease payments.
Correct Answer:

Verified
Correct Answer:
Verified
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