In a direct lease,the lessor:
I.is the end user of the asset.
II.rents the leased asset from the manufacturer.
III.owns the asset.
IV.is generally an independent leasing company.
A)II and III only
B)I and IV only
C)III and IV only
D)II, III, and IV only
E)I, II, III, and IV

Question

Quizplus · Accepted Answer

In a direct lease, the lessor owns the asset, and it is typically an independent leasing company. Therefore, statements I and II are not true, but III and IV are accurate.

In a Direct Lease,the Lessor