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In a ______________ lease, the _______________ bears the risk that the resale value of the car at the end of the term is less than
In a ______________ lease, the _______________ bears the risk that the resale value of the car at the end of the term is less than originally assumed?
a. closed-end; lessee
b. closed-end; lessor
c. open-end; lessor
d. open-end; lessee
e. Cannot tell given the facts
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