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ohiosr ohiosr
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7 years ago
A and B enter into an agreement for a car whereby A will make lease payments for a certain term, after which A will have the option of buying the car by a final payment of $5000.00. In this case, the lease is best described as
a. a hire-purchase agreement.
b. an operating lease.
c. a security lease.
d. a finance lease.
e. an agreement of purchase and sale.
Textbook 
The Law and Business Administration in Canada

The Law and Business Administration in Canada


Edition: 14th
Authors:
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AlexStanfordAlexStanford
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7 years ago
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