An asset so specialised that only the lessee can use it without major …

Question

An asset so specialised that only the lessee can use it without major modification suggests a

Accepted Answer

C. A finance lease

A specialised asset usable only by the lessee is a listed example normally leading to finance lease classification.

Answer

Sale and leaseback

Answer

An operating lease

Answer

Sublease agreement

An asset so specialised that only the lessee can use it without major modification suggests a