All of the Following Characteristics Are True of an Incentive

question 64

Multiple Choice

All of the following characteristics are true of an incentive stock option with the exception of

• A)the option price must be equal to or greater than the stock's FMV on the option's grant date.
• B)the employee cannot own more than ten percent of the voting power of the employer corporation's stock immediately prior to the option's grant date.
• C)the option must be granted within ten years from the date the plan is adopted and the employee must exercise the stock option within ten years from the grant date.
• D)there is no limit to the value of the options that become exercisable to an employee in a single year.

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Definitions:

Pre-med Requirement

Pre-med requirement encompasses the courses and exams that need to be completed before applying to medical school.

Class Project

A collaborative educational task where students work together in groups to achieve a common goal or complete a specific assignment.

Group Polarization

The tendency of groups to make more extreme decisions than what their members first considered.

University Degree

A qualification awarded to students by a college or university after the successful completion of a course of study.