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

The property 'has paying agent' applies to instances of 'securities underwriting issuance process', and 'debt underwriting issuance process' is a subclass of 'securities underwriting issuance process'. Which class can appear as the value of 'has paying agent' for instances of 'debt underwriting issuance process'?

A. transfer agent
B. issuance settlement
C. paying agent
D. issuance closing

Answer: paying agent