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

Which of the following definitions best describes the instance 'NC'?

A. US-specific code for the designation for the District of Colombia
B. US-specific code for the designation for North Carolina
C. Canadian and US-specific code for the designation for Quebec
D. US-specific code for the designation for Ohio

Answer: US-specific code for the designation for North Carolina