When the lessee automatically acquires title to the property after payment of a specified amount in the form of rentals, then the CRA will disallow the lease.
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Q21: A characteristic of an operating lease is
Q22: In an operating lease, the lessor is
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Q24: According to the CRA, for a lease
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Q28: An operating lease must be disclosed on
Q29: According to the CRA, for a lease
Q30: A characteristic of an operating lease is
Q31: For a lease to be deemed valid
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