What is the significance of the three choices for Protection?

In the Create Dynamic vNIC Connection Policy dialog box, there is a configurable field titled Protection. What is the significance of the three choices for Protection?
A. allows reserve vNICs to be allocated out of the spares pool
B. enables hardware-based failover
C. enables static binding of the VM port profile to dynamic vNICs
D. selects the primary fabric association for dynamic vNICs
E. allows dynamic vNICs to be reserved for fabric failover

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