In a Lease Contract, the Title of Goods Is Passed

question 45

True/False

In a lease contract, the title of goods is passed from the lessor to the lessee.

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Definitions:

First Elected Assembly

Refers to the "House of Burgesses," the first assembly of elected representatives of English colonists in North America, established in Virginia in 1619.

Colonial America

The period of history when the European powers (primarily Britain, Spain, and France) established colonies on the American continent, from the late 15th century to the early 18th century.

Colony

A territory under the immediate political control of a state, distinct from the home territory of the sovereign.