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

Which of the following classes does 'SPINOFF' belong to as one valid explicit type? Context: GLEIF classifier for corporate actions where the shareholders of the original entity are compensated for the value loss of the original entity via shares of the new entity or via dividend

A. lifecycle event occurrence
B. priority issue
C. liquidation
D. spin off

Answer: spin off