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Theory question Sometimes, companies enter into a contract in which they sell an asset to a customer, but have an unconditional obligation or right to
Theory question Sometimes, companies enter into a contract in which they sell an asset to a customer, but have an unconditional obligation or right to buy this asset back. In this context, which of the following statements is true? If the customer has an option to require the seller to repurchase and if the customer has no O economic incentive to induce the repurchase, this is a modified sale transaction, not a financing transaction. O "If the company will repurchase this asset for a price smaller than the original selling price, this is a financing transaction, not a sale. O If the customer has an option to require the seller to repurchase and if the fair value of the asset is below the repurchase price, this is a lease transaction, not a sale. O If the company will repurchase this asset for a price greater or equal to its original selling price, this is a lease transaction, not a sale
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