Which of the following factors would NOT result in a lease being classified as a finance lease?

a- Lessee transfers ownership to the lessee by end of the lease term.

b - The title of the asset is not transferred to the lessee at end of lease term.

c - The lease term is for a major part of the economic life of an asset, even if the title is not transferred.

d - At inception date, the PV of lease payments to be received by Lessor = fair value (FV) of leased asset.