In leases,who is most likely to carry the insurance and bear the cost of maintenance and repairs?
A) In operating leases,it would be the lessee.
B) In a finance lease,this is done by the lessor.
C) In a three-year automobile lease,it would be the lessor.
D) These are usually the responsibility of the lessor in purchase leases.
E) In purchase leases,it would be the lessee.
Correct Answer:
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