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Sales-type lease

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Reference no: EM131261532

Sales-Type Lease

From a lessor's standpoint, a sales-type lease must:

I. Result in a manufacturer's or dealer's profit or loss.

II. Have no important uncertainties surrounding the amount of unreimbursable costs yet to be incurred by the lessor under the lease.

III. Have reasonably assured collectibility of the minimum lease payments.

a. I and III only

b. II and III only

c. I, II, and III

d. I and II only

Reference no: EM131261532

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