The Date on Which to Measure the Compensation Element in a Share

question 70

Multiple Choice

The date on which to measure the compensation element in a share option granted to a corporate employee ordinarily is the date on which the employee

• A)is granted the option.
• B)has performed all conditions precedent to exercising the option.
• C)may first exercise the option.
• D)exercises the option.

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Definitions:

Self-Control

The ability of an individual to regulate their emotions, thoughts, and behavior in face of temptations and impulses.

Position Power

The authority and influence a person possesses within an organization due to the role or position they hold.

Legitimate

Conforming to established laws, rules, or standards, often carrying the implication of being justified or official.

Coercive

Relating to or using force or threats to persuade someone to do something or to achieve compliance.