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

Which of the following classes does 'Paraguayan entity' belong to as one valid explicit type? Context: sovereign state and polity that is bordered by Argentina to the south and southwest, Brazil to the east and northeast, and Bolivia to the northwest

A. sovereign state
B. executive branch
C. business entity
D. supranational entity

Answer: sovereign state