Jacob has taken an SUV on lease from Free Cruisers Inc. for a period of $4$ years. Jacob does not need to pay any extra amount when he turns in the vehicle because he didn$$t exceed the mileage specified in the lease and the SUV is not damaged. He has a:

Question $3$ options:

a$)$

reassignment option lease.

b$)$

closed$-$end lease.

c$)$

purchase option lease.

d$)$

residual lease

e$)$

right$-$to$-$early$-$termination lease.