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

Which of the following definitions best describes the instance 'insufficient collateral value'?

A. The application was denied because the credit application was not complete.
B. The application was denied because qualification information such as income, employment, credit, or residence) was not verifiable.
C. The application was denied because the value or type of collateral was not sufficient.
D. The application was denied because the employment is irregular, unknown, or not sufficient.

Answer: The application was denied because the value or type of collateral was not sufficient.