Task: Class Definition Understanding (ontology: Legal/Public_Procurement_Ontology)

Which of the following definitions best describes 'Electronic auction'?

A. Class describing the conditions for which a contract can be modified (e.g. maximum percentage of its price or budget).
B. Class describing a phase of an electronic auction.
C. Class that specifies the existence of an the concept of one or more of the award criterions.
D. Class used to describe criteria that depend on a subjetive opinion.

Answer: Class that specifies the existence of an the concept of one or more of the award criterions.