William Rents a Backhoe for Six Months from Hunter Leasing

William rents a backhoe for six months from Hunter Leasing but fails to make timely payment of the rent.Hunter Leasing may recover:

A) only the backhoe itself.
B) the difference between the present values of the rent due under the original lease and the market rent for the remainder of the term of the original lease.
C) only the contract amount of rent.
D) the market rent for the period of time covered by William's nonpayment.

Correct Answer:

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