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

Which of the following classes does 'DFLT' belong to as one valid explicit type? Context: ISO 15022 classifier for corporate actions that indicate a failure by the issuer to perform obligations defined as default events under the bond agreement and that have not been remedied

A. principal
B. business strategy classifier
C. factor
D. relationship qualifier

Answer: business strategy classifier