A lease transaction can involve a supplier apart from the lessor and lessee.

Name: A lease transaction can involve a supplier apart from the lessor and lessee.
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Question

Quizplus · Accepted Answer

A lease transaction may involve a supplier, as they may be providing the equipment or asset that is being leased by the lessee from the lessor. The supplier may also assist in setting up and installing the equipment, as well as providing ongoing maintenance and support.

A Lease Transaction Can Involve a Supplier Apart from the Lessor