$1.$ A Dubai based restaurant enters into a contract with a transportation company for the transportation of food from Muscat to Dubai on a specified lorry. The lorry is clearly specified in the hiring contract and the transportation company does not have substitution rights. The food will occupy all of the capacity of the lorry. The contract specifies how the food to be transported on the lorry and the dates of pickup from Muscat and delivery to Dubai. The transportation company operates and maintains the lorry and is responsible for the safe delivery of the food. The restaurant is prohibited from contracting another transportation operator to transport the food or operating the lorry itself. Does this hiring contract contain a lease as defined in the IFRS $16?$ Please offer detailed explanations$/$reasons to justify your answer