Which of the Following Statements Is True for the Following

question 16

Multiple Choice

Which of the following statements is true for the following reaction,assuming the given reaction proceeds in the forward direction? Fe³⁺(aq) + Co(s) → Fe²⁺(aq) + Co²⁺(aq)

• A) Fe³⁺(aq)is oxidized and Co(s)is reduced.
• B) Fe³⁺(aq)is oxidized and Co²⁺(aq)is reduced.
• C) Co(s)is oxidized and Fe³⁺(aq)is reduced.
• D) Co(s)is oxidized and Co²⁺(aq)is reduced.
• E) Fe²⁺(aq)is oxidized and Co(s)is reduced.

---

Definitions:

Put Option

A financial agreement that provides the purchaser with the option to sell a certain quantity of an underlying asset at a predetermined price during a set timeframe, without being required to do so.

Exercise Price

The rate at which an individual possessing an option can execute a purchase (in call option scenarios) or a sale (in put option scenarios) of the underlying asset.

Stock Price

The cost of purchasing a share of a company, which fluctuates based on market demand, company performance, and economic conditions.

Put Option

An option contract in finance that grants the buyer the privilege to sell a specific amount of an underlying asset at an agreed price, within a designated period, without the necessity to proceed.