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

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

A. realization of an event in a stage of a lifecycle
B. decision by a court or other tribunal that resolves a controversy and determines the rights and obligations of the parties
C. realization of a lifecycle
D. legal step or action taken at the direction of, or by the authority of, a court or agency

Answer: legal step or action taken at the direction of, or by the authority of, a court or agency