Minimum lease payments are: (i) Payments over the lease term, the lessee is to make (ii) Contingent
Question:
Minimum lease payments are:
(i) Payments over the lease term, the lessee is to make
(ii) Contingent rent
(iii) Any residual value guaranteed by the lessee.
Which of the following is correct ?
A. (i), (ii) and (iii)
B. (i) and (iii)
C. (i) and (ii)
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