Which of the following statements about renting and owning is correct

d. is the correct option.

Both renter and owner has responsibilityfor renting and owning.

Further explanation:

Renting and owning:

Renting is paying someone for their property or land for the use of their land or house or anything. And owning is having something of our own or the ownership of any asset or land, property or anything.  

Justification for the correct and incorrect

a. Renter complete responsibility and control over the property:This option is incorrect.

This statement is not true as owner has the control over the property and renter is not all alone have the control and the responsibility for the property. The renter and the owner possess equal control and responsibility for the property.

b. An owner has complete responsibility and control over property:This option is incorrect.

The statement says that an owner has complete responsibility and control over the property which is not correct as the owner and renter both have the responsibility and the control over the property.

c. Neither a renter or owner has responsibility: This option is incorrect.

The statement says that neither therenter or the owner has responsibility which is absolutely incorrect as both the owner and the renter have the responsibility for the property.

d. Both renter and owner has responsibility: This option is correct.

The statement says that both renter and the owner have the responsibility for the property is correct as renter and owner both possess equal rights over the property.

Thus, the renter and the owner possess equal rights for the property. Renter and owner both are responsible for the property.

Learn more:

1. Learn more about choosing the purchase of car or leasing

2. Learn more about choosing the purchase of the car

3. Learn more about renting and owning

Answer details:

Grade: High School

Subject: Business studies

Chapter: Renting and owning

Keywords: which of the following, statements about renting and owning is correct,renter complete responsibility and control over the property, an owner has complete responsibility and control over property, neither a renter or owner has responsibility, both renter and owner has responsibility, control, posses.

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