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Please answer 4.1 Andale Events-Lease Scope Evaluate how Andale's lease scope assessment would be impacted if the arrangement were priced differently. For example, would you

Please answer 4.1

image text in transcribed Andale Events-Lease Scope Evaluate how Andale's lease scope assessment would be impacted if the arrangement were priced differently. For example, would you conclude that the arrangement is a lease if the contract is called a Management Agreement and the arrangement is priced such that Andale earns a fixed management fee of $110,000 per year plus its out-of-pocket costs will be reimbursed by Jefferson County? Assume in that case that all operating profit or loss would be borne by Jefferson County

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