A lease with which one of these characteristics would not, Ask an Expert

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A lease with which one of these characteristics would not be qualified by the IRS?

a) term of 25 years

b) early balloon payments

c) lessee granted first option to meet a competing outside renewal offer

d) lessee option to purchase asset at fair market value at lease expiration

e) no lease provision limiting the lessee' right to issue additional debt

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92403333

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