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Which one of the following is a valid statement about leasing in Canada? Question 10 options:...

Which one of the following is a valid statement about leasing in Canada? Question 10 options: lessors prefer to keep equipment at the end of a lease in order to lease it again operating leases are particularly useful in the long term. lessees typically purchase the asset at the end of the lease. less than 5% of machinery and equipment in Canada is leased.

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Answer #1

The answer is leasing in Canada has one common thing:-

Lessees typically purchase the Asset at the end of the lease

And it's fact statement so no further explanation is possible.

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