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In an Option Contract, If the Right Is to Buy

question 15

True/False

In an option contract, if the right is to buy a commodity, the option is known as a call.


Definitions:

Cohabit

The state or condition of living together in the same home without being married, typically referring to partners in a romantic or sexual relationship.

Household Chores

Routine tasks and maintenance performed in the home, such as cleaning, cooking, and gardening.

Companionship

The feeling of fellowship or friendship, often providing comfort and support to someone.

Nursing Homes

Residential facilities providing long-term care for the elderly or disabled, especially those requiring medical care.

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