Question: Question 28 (1 point) What is the key difference between an open-end lease and a closed-end lease? With a closed-end lease, if the vehicle sells

Question 28 (1 point) What is the key difference between an open-end lease and a closed-end lease? With a closed-end lease, if the vehicle sells for less than the residual value, the client compensates the leasing company for the difference With an open-end lease, the client assumes the risk of what the automobile will be worth at the end of the lease With an open-end lease, the leasing company assumes the risk of what the automobile will be worth at the end of the lease With a closed-end lease, the client assumes the risk of what the automobile w be worth at the end of the lease

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