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Financial leases: Multiple Choice May be cancellable but only at the option of the lessor. May be cancellable by either party at any time without
Financial leases:
Multiple Choice
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May be cancellable but only at the option of the lessor.
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May be cancellable by either party at any time without penalty.
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Are generally not cancellable without substantial penalty to the lessee.
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May be cancellable by the lessor but only with substantial penalty to the lessor.
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Are always cancellable at any time with no penalty to the lessee.
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