Question

A lease where the lessor is responsible for full control and maintenance of leased asset is (i dry lease (ii) wet lease (iii) vendor lease (iv) leverage lease​

Answer 1

Answer:

Such an arrangement is called 'maintenance or gross lease'. But usually in an operating lease, it is the lessee who has to pay for maintenance and service costs and such a lease is known as 'net lease'.

Explanation:

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