An advantage of leasing is that the lessee does not own the asset and can cancel:
A) only financial leases.
B) only operating leases.
C) only capital leases.
D) any kind of leases anytime.

Question

Quizplus · Accepted Answer

Operating leases offer more flexibility to the lessee, including the option to cancel the lease under certain conditions, unlike financial or capital leases which are typically more binding and intended for the lessee to eventually own the asset.

An Advantage of Leasing Is That the Lessee Does Not