One of the Four Criteria for a Capital Lease Specifies

One of the four criteria for a capital lease specifies that the lease term be equal to or greater than:

A) 75% of the expected economic life of the leased property.
B) 90% of the expected economic life of the leased property.
C) 80% of the expected economic life of the leased property.
D) 50% of the expected economic life of the leased property.