An Option Is

question 79

Multiple Choice

An option is:

• A)The right to buy or sell something in the future.
• B)A debt instrument.
• C)An obligation to buy something in the future.
• D)An obligation to sell something in the future.

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Definitions:

Rite Of Passage

A ceremony or event marking an important stage in someone's life, especially birth, puberty, marriage, and death.

Moderately

To a certain extent but not excessively; within reasonable limits.

Agoraphobia

A fear of being in situations where escape might be difficult or that help wouldn't be available if things go wrong.

Fear

An emotional response to a perceived threat, which can be real or imagined, leading to a fight-or-flight reaction.