From the lessee's viewpoint, which of the following is not and advantage of leasing?

From the lessee's viewpoint, which of the following is not an advantage of leasing? a. In many cases, an asset may be leased without requiring the lessee to make a substantial down payment. b. A lease agreement may reduce the risk of obsolescence for a lessee. c. The lessee may be able to claim a tax deduction through leasing of land than if the land were purchased. d. In many cases, an asset may be leased without requiring the lessee to record the lease asset and lease liability