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

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

A. US-specific code for the designation for North Dakota
B. US-specific code for the designation for New York
C. US-specific code for the state designation for Armed Forces Europe, the Middle East, and Canada
D. US-specific code for the designation for Florida

Answer: US-specific code for the designation for New York