The Opportunity for Management to Purchase a Certain Number of Shares

question 15

Multiple Choice

The opportunity for management to purchase a certain number of shares of their firm's commonstock at a specified price over a certain period of time is

• A) a stock option.
• B) a stock right.
• C) a preemptive right.
• D) a warrant.

---

Definitions:

Colonial Green Alga

A group of green algae that live together in a colony, functioning as a single organism, often found in freshwater environments.

Volvox

A genus of freshwater algae that forms spherical colonies of up to 50,000 cells.

Ulva

A genus of green algae, commonly known as sea lettuce, which is found in marine environments worldwide.

Saprotrophs

Organisms that feed on and decompose dead organic matter, recycling nutrients back into the environment.