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

Which of the following definitions best describes the instance 'jurisdiction of the Commonwealth of the Bahamas'?

A. jurisdiction of the judiciary of the Bahamas, a judicial system based on English common law and local statutes, including the Judicial Committee of the Privy Council (JCPC), which is the highest court of appeal for certain British territories, some Commonwealth countries and a few UK bodies, and which considered a safe jurisdiction as an International Financial Center (IFC), with a legal framework that is in compliance with the standards set by Organization for Economic Cooperation and Development (OECD)
B. jurisdiction of the judiciary of Haiti, whose highest court is the Cour de Cassation, assisted by local and civil courts at a communal level
C. jurisdiction of the judiciary of Barbados, an independent branch of the Barbadian government, subject only to the Barbadian Constitution, including the Magistrates' Court, Supreme Court, and Caribbean Court of Justice
D. jurisdiction of the judiciary of Grenada, which is part of the Eastern Caribbean States Supreme Court with an associate judge residing in Grenada

Answer: jurisdiction of the judiciary of the Bahamas, a judicial system based on English common law and local statutes, including the Judicial Committee of the Privy Council (JCPC), which is the highest court of appeal for certain British territories, some Commonwealth countries and a few UK bodies, and which considered a safe jurisdiction as an International Financial Center (IFC), with a legal framework that is in compliance with the standards set by Organization for Economic Cooperation and Development (OECD)