To meet IRS guidelines for leasing,the lease should:
A) limit the lessee's right to issue debt or pay dividends while the lease is operative.
B) offer renewal options only at fair market value.
C) pay a very low rate of return to the lessor.
D) transfer ownership of the asset at the end of the lease at below fair market value.
E) have a term of 30 years or more.
Correct Answer:
Verified
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