Question

Question
Which of the following statement is false in the context of lease agreement?
Leasing is a financial service
O Lessor is the owner of the lease contract
Lessee is the borrower of the lease contract
In an equipment contract, owner transfers the right to use the equipment to the user
At the end of the lease period the asset does not revert to the lessor automatically​

Answer 1

Answer:

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Explanation:

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