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Which of the following statements, is (are) not true for the lease option | |
A. | Insurance, maintenance and other expenses are included in the rental charge [Correct Answer] |
B. | Lease charges are lower than rental charges for the same period and are also tax deductable [Wrong Answer] |
C. | Lease may be written to show higher payments is early years to reflect the decline in value of the system [Wrong Answer] |
D. | All of the above [Wrong Answer] |