A person who transfers the right of possession and use of goods under a lease is known as the ________.
A) lessor
B) lessee
C) seller
D) consignee

Name: A person who transfers the right of possession and use of goods under a lease is known as the ________. A) lessor B) lessee C) seller D) consignee
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Question

Quizplus · Accepted Answer

The lessor is the person who transfers the right of possession and use of goods under a lease to another party, known as the lessee.

A Person Who Transfers the Right of Possession and Use