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Ashorn Ashorn
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7 years ago
In leases, who is most likely to carry the insurance and bear the cost of maintenance and repairs?
a. In operating leases, it would be the lessee.
b. In a finance lease, this is done by the lessor.
c. In a three-year automobile lease, it would be the lessor.
d. These are usually the responsibility of the lessor in purchase leases.
e. In purchase leases, it would be the lessee.
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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Ashorn Author
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6 years ago
nicee
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