Answer: A
The independence of the fund property is manifested in "1) The debt of the fund property is borne by the fund property itself, and the fund share holders are liable for the debt of the fund property to the extent of their capital contribution. However, if the fund contract has other provisions in accordance with this Law, such provisions shall prevail. (2) Fund property is independent of the inherent property of fund managers and fund custodians. Fund managers and fund custodians shall not return the fund property to their inherent property. If the fund manager or fund custodian is liquidated due to dissolution, cancellation or bankruptcy according to law, the fund property does not belong to its liquidation property. (3) The property and income obtained by the fund manager and the fund custodian due to the management and use of the fund property or other circumstances shall be classified as the fund property. (4) The creditor's rights of the fund property shall not be offset against the debts of the inherent property of the fund manager and fund custodian, and the creditor's rights and debts of different fund properties shall not be offset against each other.
What is the explanation of grading?