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

Which of the following definitions best describes the instance 'TRANSFORMATION UMBRELLA TO STANDALONE'?

A. GLEIF classifier for corporate actions involving a notification of a change in the legal form from a Fund legal entity structure with one or more than one sub-funds/compartments to a Fund legal entity structure without sub-funds/compartments
B. GLEIF classifier for corporate actions involving a notification of a change in the legal form of the legal entity
C. GLEIF classifier for corporate actions involving a notification of a change in the trade- or doing business name of the legal entity
D. scheme for classifying corporate actions according to the GLEIF LEI Common Data Format (CDF) schema

Answer: GLEIF classifier for corporate actions involving a notification of a change in the legal form from a Fund legal entity structure with one or more than one sub-funds/compartments to a Fund legal entity structure without sub-funds/compartments