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

Which of the following definitions best describes the instance 'personal property'?

A. the covered loan is secured by a manufactured home but not land
B. the mortgage is refinanced for more than is owed and the borrower pockets the difference.
C. the covered loan is secured by a manufactured home and land
D. an automated underwriting software system produced by Freddie Mac

Answer: the covered loan is secured by a manufactured home but not land