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

Which of the following definitions best describes the instance 'automatic underwriting'?

A. The application was denied because necessary mortgage insurance was denied.
B. underwriting was performed manually
C. underwriting was performed using an automated underwriting system
D. The application was denied because the debt to income ratio is too high.

Answer: underwriting was performed using an automated underwriting system