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Cwds613 Cwds613
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Which of the following is/are true about operating leases?
I.The lease is generally for a short duration.
II.The lessee is required to provide maintenance for the asset.
III.The lessee assumes any risk of obsolescence.


▸ I and II

▸ I and III

▸ I only

▸ II and III
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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jpinette86jpinette86
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