A Lease That 1)has a Value of $25,000 or Less

Multiple Choice

A lease that 1) has a value of $25,000 or less and 2) exists between a lessor regularly engaged in the business of leasing or selling and a lessee who leases the goods primarily for a personal,family,or household purpose. ,is called a lease.

A) Commercial
B) Retail
C) Consumer
D) Finance
E) Regulated