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Operating leases: Multiple Choice Are never cancellable. Are always cancellable at any time with no penalty to the lessee. May be cancellable but only at

Operating leases: Multiple Choice Are never cancellable.

Are always cancellable at any time with no penalty to the lessee.

May be cancellable but only at the option of the lessor.

May be cancellable by the lessor but only with 6 months' notice.

May be cancellable by the lessee.

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