Janelle is debating whether to buy or lease her favorite car. Under a closed-end lease, Janelle will
A) have to purchase the car at lease end.
B) not be required to compensate the lessor for fluctuations in the resale value at lease end.
C) be required to compensate the lessor for fluctuations in the resale value of the car at lease end.
D) be able to walk away from her lease no matter the condition of the car.
Correct Answer:
Verified
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