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Which of the following are advantages for a purchasing organisation when adopting a leasing method...

Which of the following are advantages for a purchasing organisation when adopting a leasing method of acquiring equipment?

    The initial purchase cost of the equipment is avoided

    The payments can be met from daily trading income

    The buyer can freely switch to newer technology whenever they wish

    The buyer is not responsible for any damage at the end of the contract

A.

2 and 4 only

B.

1 and 2 only

C.

1 and 4 only

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