Answer:
the major part of the remaining economic life of the leased property.
Explanation:
A finance lease is a method of financing assets where they remain the property of the lessor that hires them and the lessee pays rent for the hire of the asset or assets to the lessor.
The lessee also has to share some sort of economic risks as a result of the change in the value of the asset.
The lease term is equal to or greater than the major part of the remaining economic life of the leased property.
