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Although Options Provide Greater Flexibility Than Futures, They Are Not

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Although options provide greater flexibility than futures, they are not always preferred because of:


Definitions:

Modified Leaf

A leaf of a plant that has altered form or function from the standard flat, photosynthetic structure, often serving roles in reproduction, protection, or storage.

Modified Leaf

A leaf that has evolved to serve functions other than photosynthesis, such as protection or reproduction.

Bulb

A globose, fleshy, underground bud that consists of a short stem with fleshy leaves (e.g., onion).

Leaf Abscission

The natural process by which leaves detach from a plant, typically in response to environmental triggers or seasonal changes.

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