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

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

A. US-specific code for the designation for South Carolina
B. US-specific code for the designation for the U.S. Virgin Islands
C. US-specific code for the designation for Rhode Island
D. US-specific code for the designation for New York

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