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

Which of the following classes does 'BANKRUPTCY' belong to as one valid explicit type? Context: GLEIF classifier for corporate actions in which the status of a legal entity is that it is unable to pay creditors

A. trade lifecycle event
B. breach of contract
C. income-oriented classifier
D. business strategy classifier

Answer: business strategy classifier