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Which of the following is not a reason why some companies lease rather than buy? Multiple Choice Leasing may offer protection against risk of declining

Which of the following is not a reason why some companies lease rather than buy?
Multiple Choice
Leasing may offer protection against risk of declining asset values.
Leasing transfers the title to the lessee (user) at the beginning of the lease.
Leasing offers flexibility and lower costs when disposing of an asset.
Leasing may allow you to borrow with little or no down payment.
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