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

Which of the following definitions best describes 'contractual product'?

A. product that is readily available from merchandise in stock, or can be quickly and easily configured to order, not specially designed or custom-made
B. financial product that acts as a container for at least one financial instrument, including other financial products, and whose value is derived from, or based on a reference asset, market measure, or investment strategy
C. contractual product that is finalized through specification of values for parameters defined in a template
D. product that takes the form of an agreement

Answer: product that takes the form of an agreement