Question: TB MC Qu . 1 3 - 9 2 Margot leases equipment with an . . . Margot leases equipment with an estimated useful life

TB MC Qu.13-92 Margot leases equipment with an...
Margot leases equipment with an estimated useful life of five years, for a term of four years. Margot should classify this lease as a (n)
Multiple Choice
short-term lease.
purchase.
operating lease.
finance lease.

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