Which of the Following Is NOT a Long-Term Incentive Plan

question 3

Multiple Choice

Which of the following is NOT a long-term incentive plan?

• A)ESOPs
• B)Broad-based option plans (BBOPs)
• C)Improshares
• D)Performance plans

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Definitions:

Voluntary Basis

Participation or action taken by an individual or entity without coercion, typically without expectation of payment.

Consideration

An item of worth traded between entities within a contractual agreement, rendering the contract enforceable by law.

Enforce

To compel observance of or compliance with a law, rule, or obligation.

Consideration

The concept in contract law that involves something of value exchanged between parties, which is necessary for a contract to be considered legally binding.