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Describes a sales and leaseback arrangement

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Reference no: EM132562984

Question 1: Which of the following describes a sales and leaseback arrangement?

Option 1: A sale and leaseback arrangement is a type of operating lease.

Option 2: A sale and leaseback arrangement is a type of buyback loan.

Option 3: A sale and leaseback arrangement is a type of financial, or capital, lease.

Option 4: A sale and leaseback arrangement is a type of asset-based loan.

Reference no: EM132562984

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