As Part of Her Compensation Package, Mariana Was Granted the Rights

question 96

Multiple Choice

As part of her compensation package, Mariana was granted the rights to purchase shares of her organization's stock at an established price for a fixed period of time. What type of compensation is this?

• A) Executive perks
• B) Share appreciation rights
• C) Stock options
• D) Phantom stock

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Definitions:

Lawnmower

A machine equipped with blades for cutting grass on lawns.

Gift Inter Vivos

A gift made voluntarily and without consideration during the giver's lifetime, distinct from a testamentary gift made through a will.

Contemplation of Death

A legal principle referring to actions or decisions made by an individual who expects to die soon, especially in creating or amending a will.

Uniform Transfers

Legal mechanisms designed to standardize the transfer of various types of assets or rights across different jurisdictions.