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

Which of the following classes does 'lapsed status' belong to as one valid explicit type? Context: status indicating that the registration that has not been renewed by the specified renewal date and is not known by public sources to have ceased operation as of the last update

A. registration status
B. observed value
C. relationship period qualifier
D. quantity kind

Answer: registration status