Which of the following statements is FALSE? A. With many leases, the lessor provides the initial capital necessary to purchase the asset, and then receives and retains the lease payments. B. If a firm already owns an asset it would prefer to lease, it can arrange a sale and leaseback transaction. O C. In a direct lease, the lessor is the manufacturer (or a primary dealer) of the asset. OD. The lease specifies any cancellation provisions, the options for renewal and purchase, and the obligations for maintenance and related servicing costs