Minimum lease payments may include a
A) penalty for failure to renew.
B) bargain purchase option.
C) guaranteed residual value.
D) any of these.

Name: Minimum lease payments may include a A) penalty for failure to renew. B) bargain purchase option. C) guaranteed residual value. D) any of these.
Brand: Quizplus
Rating: 4.8 (35 reviews)

Question

Quizplus · Accepted Answer

Minimum lease payments can include a penalty for failure to renew, a bargain purchase option, or a guaranteed residual value, among other possible components.

Minimum Lease Payments May Include a