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

Which of the following classes does 'VOLUNTARY ARRANGEMENT' belong to as one valid explicit type? Context: GLEIF classifier for corporate actions consisting of a procedure that allows a legal entity to settle debts by paying only a proportion of the amount that it owes to creditors or to come to some other arrangement with its creditors over the payment of its debts (event completed)

A. lifecycle event
B. lifecycle stage
C. business strategy classifier
D. merchant category code

Answer: business strategy classifier