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

Which of the following definitions best describes 'legal agent'?

A. role played by an organization or individual that may be time bound
B. sequence of characters identifying a trade within some context
C. a unique entity that is legally or financially responsible for the performance of financial transactions, or has the legal right in its jurisdiction to enter independently into legal contracts, regardless of whether it is incorporated or constituted in some other way (e.g. trust, partnership, contractual). This excludes natural persons, but includes governmental organizations and supranationals.
D. any party that has been legally empowered to act on behalf of another party

Answer: any party that has been legally empowered to act on behalf of another party