The Standard Option Contract Is For

question 55

Multiple Choice

The standard option contract is for:

• A) 10 shares of stock.
• B) 50 shares of stock.
• C) 100 shares of stock.
• D) 1 share of stock.

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Definitions:

Balance Sheet

A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time, providing a basis for computing rates of return and evaluating its capital structure.

Income Statement

A financial report detailing a company's earnings and expenditures during a set timeframe, ultimately presenting the net profit or deficit for that period.

Personal Credit Card

A financial tool issued by banks allowing individuals to borrow funds for purchases, subject to repayment with interest.

Business Transaction

An economic event or condition that directly affects a company's financial statements.