A Financial Lease Has the Following as Its Primary Characteristics

A financial lease has the following as its primary characteristics:

A) is fully amortized, lessee maintains equipment and there is no renewal clause and no cancellation clause.
B) is not fully amortized, lessor maintains equipment and there is a renewal clause but no cancellation clause.
C) is fully amortized, lessor maintains equipment and there is a renewal clause and a no cancellation clause.
D) is not fully amortized, lessor maintains equipment and there is a renewal clause.
E) is fully amortized, lessee maintains equipment and there is a renewal clause and a no cancellation clausE.