Task: Class Definition Understanding (ontology: Business_Finance/Financial_Industry_Business_Ontology)

Which of the following definitions best describes 'contract lifecycle stage occurrence'?

A. realization of a specific stage in the lifecycle of a given product
B. realization, from start to finish of a phase in an occurrence of a specific contract lifecycle
C. realization of a phase in the lifecycle of a specific trade
D. phase in the lifecycle of an agreement

Answer: realization, from start to finish of a phase in an occurrence of a specific contract lifecycle