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Which of the following is a transaction-specific asset? (i) The gas pipeline (owned...

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Accounting

Which of the following is a transaction-specific asset?
(i) The gas pipeline (owned by Company x) running from a natural gas field (owned by Company Y) to Lima
(ii) A refining plant on the coast in Houston which refines heavy crude oil from several different resources
Neither (i) nor (ii) is a transaction-specific asset.
Both (i) and (ii) are transaction-specific assets.
Only (i) is a transaction-specific asset.
Only (ii) is a transaction-specific asset.
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