The following decision tree shows how to determine if a service contract has an embedded lease. Click here for a detailed explanation of the decision tree. It explains in detail implicit and explicit identification, right of substitution and transfer of control.
The tree above helps you determine if there is a lease embedded within a service contract. For a detailed explanation of this lease decision tree (including a discussion on implicit and explicit identification, explanation of the concept of transfer of control, and the right of substitution), click here.