Leasing of equipment is often an attractive option for business firms because:

a. The lessee acquires title to the leased goods.

b. The lessee obtains a security interest in the leased goods.

c. The lessee is not required to put the lease contract in writing.

d. The lessee can transfer its title to the leased goods.

e. The lessee can use the equipment on an exclusive basis without a large up-front investment.