Task: Inferred Instance Class Reasoning (ontology: Business_Finance/Financial_Industry_Business_Ontology)

After reasoning over the ontology, which class is one valid inferred class for the instance 'Regulation S'? Context: securities regulation defining an exemption through which corporations can issue unregistered securities to qualified foreign investors and foreign institutions

A. contractual control
B. legal capacity
C. right
D. legal holding restriction

Answer: legal holding restriction