What is normally the impact on the lease payment charged by the lessor if the asset is the only assetin its class?
A) Cannot be determined
B) Decrease the payment
C) Increase the payment
D) No impact

Question

Quizplus · Accepted Answer

If the asset is the only one in its class, it may be considered unique or rare, potentially increasing its value and allowing the lessor to charge higher lease payments due to limited availability.

What Is Normally the Impact on the Lease Payment Charged