What is the difference between a sale-leaseback and a lease with option to buy?

What is the difference between a sale-leaseback and a lease with option to buy?

• A. A sale-leaseback transfers ownership to the seller who then leases back from the buyer.
• B. A sale-leaseback gives the lessee the option to purchase at a later date.
• C. A sale-leaseback transfers ownership to the buyer who then leases back to the seller; a lease with option to buy gives the lessee the right, not the obligation, to purchase later.
• D. A lease with option to buy obligates the tenant to buy at a fixed price.

Answer: (C)