Stock Options Are Best Suited to Motivate Day-To-Day Effort or to Attract

question 10

True/False

Stock options are best suited to motivate day-to-day effort or to attract and retain top individual performers.

---

Definitions:

Donee Beneficiary

A third party who benefits from a contract in which a promisor agrees to give a gift to the third party.

Incidental Beneficiary

A person who indirectly benefits from the fulfillment of a contract or agreement but has no legal right to enforce the agreement.

Statute of Frauds

A rule of law mandating specific agreements must be documented with the signatures of those participating to be valid and binding.

Oral Evidence

Testimony given by a witness or party during a trial based on what the witness has heard or personally experienced.