3 ms·

Are you saying a lessor has no recourse?

• jqpabc123 5y ago
  In some cases, yes --- the leasor may have no recourse that makes any economic sense. The cost of legal "recourse" may exceed the value of the item. What happens if the leasee declares bankruptcy --- or if he dies? For a variety of reasons, a certain percentages of leases will not work out as expected. Apple's most sensible "recourse" may be to charge everyone extra to cover the cost.