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

Which of the following definitions best describes 'obligee'?

A. party that receives some benefit or advantage or profits from something
B. party to whom some commitment or obligation is owed, either legally or per the terms of an agreement
C. party presenting something, such as a regulatory report
D. party providing a report, typically in response to some contractual, legal, regulatory or other business requirement

Answer: party to whom some commitment or obligation is owed, either legally or per the terms of an agreement