The following statements concerning sources of finance have recently been made:

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answerhappygod
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The following statements concerning sources of finance have recently been made:

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1) Under a finance lease arrangement, thelesseris responsible for servicing and maintaining the leased equipment.
2) Under an invoice discounting arrangement, the invoice discounter undertakes responsibility for collecting the debts.
Which ONE of the following combinations (true/false) is correct?
A. Statement 1 = True, Statement 2 = True
B. Statement 1 = True, Statement 2 = False
C. Statement 1 = False, Statement 2 = True
D. Statement 1 = False, Statement 2 = False
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