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    Fundamentals of Corporate Finance Study Set 12
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    Exam 23: Leasing
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    If a Lease Contract Is Characterized as a True Lease
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If a Lease Contract Is Characterized as a True Lease

Question 65

Question 65

True/False

If a lease contract is characterized as a true lease in bankruptcy,the lessor is in a somewhat inferior position than the lender if the firm defaults.

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