B is correct answer.
The Software edition feature automatically manages version rights by:
Adding next version rights (upgrade rights)
Adding downgrade rights
These rights are automatically associated with the software model when the edition is configured
I would like to change my answer to A. Content Service.
https://www.servicenow.com/docs/bundle/xanadu-it-asset-management/page/product/software-asset-management2/concept/downgrade-rights.html
Should be C in my view.
Downgrade Rights are associated to entitlements
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