From the Perspective of the Lessor, Which Statement Is Correct

From the perspective of the lessor, which statement is correct respecting the criteria for determining whether a lease is an operating or a finance lease?

A) Substantially all of the risks and rewards of ownership have been transferred from the lessee to the lessor.
B) There is a transfer of ownership to the lessee or a bargain purchase option (BPO) at the end of the lease.
C) The lease term is a minor part of the economic life of the asset.
D) The present value of the lease payments is greater than 50% fair value of the leased asset.