Loss due to damaged property is the risk involved in both sales and leases. Thus, Option A is the correct statement.
What is the difference between a Sale and a Lease?
The primary distinction between sale and lease is that a sale occurs when the owner of a property gives up ownership in exchange for money.
A lease, on the other hand, is when the owner of specific property rents out the property for a set period of time.
Thus, Option A. Loss due to damaged property is the correct statement.
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