Which of the following statements, is (are) not true for the lease option

Question

Options:

A . Lease charges are lower than rental charges for the same period and are also tax deductable.

B . Lease may be written to show higher payments is early years to reflect the decline in value of the system

C . Insurance, maintenance and other expenses are included in the rental charge

D . All of the above

E . None of the above

Answer: Option C

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