Q. A Direct lease, a sale and leaseback, and a Leveraged lease are all examples of which of the following?
Answer:
Financial Leases
Notes: Finance lease, also known as Full Payout Lease, is a type of lease wherein the lessor transfers substantially all the risks and rewards related to the asset to the lessee. A direct lease is a simple lease where the asset is either owned by the lessor or he acquires it.