Which of the following statement is FALSE?

A. If a smaller portion of an asset's residual value is held by the lessor, the lessee is less likely to take good care of this asset

B.Leasing allows the party best able to bear the risk to hold it. For example, small firms with a low tolerance for risk may prefer to lease rather than purchase assets.

C.Leases are privately negotiated contracts and can contain many different provisions: Provisions that give valuable options to the lessee raise the amount of the lease amount raise the amount of the lease payments, whereas terms that restrict these options will lower them.

D, To compare leasing to borrowing, we must determine the amount of the loan that leads to the same level of fixed obligations that a firm would have the lease