An asset is not considered "identifiable" if it doesn't meet the separability criterion and if the legal rights are not transferable or separable from the acquiree.

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An asset is considered identifiable if it either meets the separability criterion (meaning it can be separated or divided from the entity and sold, transferred, licensed, rented, or exchanged) or if the asset arises from contractual or other legal rights, regardless of whether those rights are transferable or separable from the entity or other rights and obligations.

An Asset Is Not Considered "Identifiable" If It Doesn't Meet