Question

The demand for leasing is steadily increasing as economic growth can be maintained even during the period of depression.

• A. True
• B. False

Answer 1

The correct option is A True

The demand for leasing is steadily increasing as economic growth can be maintained even during the period of depression- this is a true statement. For using an asset, a contract has to be made between the leaser and the leasee, which is known as a lease.