Task: Property Constraint Reasoning (ontology: Business_Finance/Financial_Industry_Business_Ontology)

The property 'is issued in form' applies to instances of 'security', and 'exempt security' is a subclass of 'security'. Which class can appear as the value of 'is issued in form' for instances of 'exempt security'?

A. best efforts offering
B. security form
C. exempt transaction
D. private placement memorandum

Answer: security form