is a lease under which the lessee sells an asset for cash to a prospective leaser and then leases b...........

Finance Alternate sources of finance

___________is a lease under which the lessee sells an asset for cash to a prospective leaser and then leases back the same asset, making fixed periodic payments for its use.

Operating Lease

Financial Lease

Sale and Lease Back

Leveraged lease

None of these

Explanation:

Sale and Lease Back is a lease under which the lessee sells an asset for cash to a prospective leaser and then leases back the same asset, making fixed periodic payments for its use.A lease is a contractual arrangement calling for the lessee to pay the lessor for use of an asset. Property, buildings and vehicles are common assets that are leased.