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A leveraged lease typically involves a non-recourse loan in which: A. the lessor is not obligated in case of default. B. the lessee's payments go
A leveraged lease typically involves a non-recourse loan in which:
A. the lessor is not obligated in case of default.
B. the lessee's payments go directly to the lender in case of default.
C. the third party lenders have a first lien on the assets.
D. None of these.
E. All of the these.
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