Which of the following statements is true?

A) Being the legal owners, lessors can claim full CCA for all assets.
B) Even with ownership, lessors may claim full CCA on exempt assets only.
C) As agreed, lessees are allowed to claim the CCA and the lease payment.
D) The specified leasing property rules discriminate against lessees for non-exempt assets.

Legal Owners

Individuals or entities that hold legal title to an asset or property.

CCA

Capital Cost Allowance, a tax deduction in Canada that represents depreciation for capital assets.

Exempt Assets

Exempt assets refer to properties or investments that are shielded from creditors during bankruptcy or legal judgments, often including a portion of the individual's home, car, and personal belongings depending on the jurisdiction.