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

The property 'has subscription terms' applies to instances of 'collective investment vehicle', and 'managed investment' is a subclass of 'collective investment vehicle'. Which class can appear as the value of 'has subscription terms' for instances of 'managed investment'?

A. fund contract
B. fund subscription terms
C. fund processing general terms
D. debt stake in fund

Answer: fund subscription terms