Ferris is refinishing his kitchen floor and needs a floor sander to complete the job.Ferris's neighbor Gerda suggests that he call Home Repair Rentals,Inc.Home Repair leases Ferris a floor sander.In this transaction,the lessor is

Question

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The lessor, or the party that is providing the equipment for lease, is Home Repair Rentals, Inc., as they are the ones leasing the floor sander to Ferris. Ferris is the lessee, or the party who is renting the equipment, and Gerda is simply a neighbor who suggested a rental company to Ferris.

Ferris Is Refinishing His Kitchen Floor and Needs a Floor