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ESOs Generally Contain a Guarantee That the Option Will Be

question 109

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ESOs generally contain a guarantee that the option will be re-struck if it goes underwater.


Definitions:

Chelicerae

Paired appendages near the mouth of arachnids, such as spiders and scorpions, used for feeding.

Spiders

Arachnids characterized by eight legs, chelicerae with fangs that inject venom, and the ability to produce silk, often used to make webs for catching prey.

Subduing Prey

The act of overpowering or bringing under control an organism intended as food by a predator.

Mandibles

Jaw or jawbone, specifically the lower jaws in vertebrates, but in arthropods, they refer to either of a pair of mouthparts used for biting and chewing.

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