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The lessor's gross investment in the lease is the total of periodic rental payments. Is this statement:

a. True
b. False
c. Dependent on the lease term
d. Applicable only to financial leases

User Mikeo
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1 Answer

3 votes

Final answer:

The statement is true; sharecroppers were tenant farmers who paid their rent in the form of a portion of their crop yields.

Thus, the correct option is A.

Step-by-step explanation:

True - Sharecroppers were tenant farmers who paid their rent with shares of their crops. This agricultural practice was common during the post-Civil War era, especially in the Southern United States.

Sharecropping allowed landowners to have their land farmed without having to pay for labor, while tenants could farm the land in exchange for a portion of the crop yield.

This arrangement was one of the few options available to freed slaves and poor whites in the rural South for making a living, although it often resulted in sharecroppers being tied to the land due to debts.

Therefore, the correct option is A.True

User Sean Anderson
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