Final answer:
A finance lease is not a three-party transaction; it is false to assume a financier is always involved as it is generally a two-party agreement. The true part of the query is that sharecroppers were tenant farmers who paid their rent with shares of their crops.
Step-by-step explanation:
The statement asserting that a finance lease is a three-party transaction in which a financier is providing the lessee with financing for the lease payments is false. In a standard finance lease, there are typically only two parties involved: the lessee and the lessor. The lessor owns the asset and provides it to the lessee for use, while the lessee makes payments for the lease. However, the question also includes a reference to sharecroppers, which is another concept. Sharecroppers were indeed tenant farmers who paid their rent with shares of their crops, and this statement is true. Sharecropping was a common practice in the agricultural sector, particularly after the Civil War in the United States.