In a lease arrangement, the owner of the asset is the:

Question

Quizplus · Accepted Answer

The owner of the asset in a lease arrangement is the lessor, who allows the lessee to use the asset in exchange for regular rental payments. Therefore, option A is the correct answer. Option B, lessee, refers to the person or entity that is leasing the asset from the lessor. Option C, lien, refers to a legal claim or hold that a creditor has on an asset until a debt or obligation is repaid, which is not relevant to the lease arrangement. Option D is incorrect as one of the options above is the correct answer.

In a Lease Arrangement, the Owner of the Asset Is