question_answer

Direction:  In the question given below are two statements labelled at Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?

Assertion (A) Sale and lease back technique is a type of lease agreement.

Reason (R) It enables the lessee to improve their liquidity.

Codes

A)          Both A and R are true and R is the correct explanation of A

B)         Both A and R are true, but R is not the correct explanation of A

C)         A is true, but R is false

D)         A is false, but R is true