As a Security, Options Are Best Described by Which of the Following

question 68

Multiple Choice

As a security, options are best described by which of the following?

• A) They have a very long maturity.
• B) They can be a risky purchase for investors.
• C) They do not legally obligate the holder to buy or sell.
• D) They are not similar to futures contracts.

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Definitions:

Stomach Lining

The mucous membrane layer of the stomach that contains glands producing enzymes and acid for digestion.

Carcinoma

A type of cancer that begins in the skin or in tissues that line or cover internal organs and is characterized by the uncontrolled growth of cells.

Cardiovascular Disease

A class of diseases that involve the heart or blood vessels, which can lead to heart attacks, strokes, and other serious health issues.

Cancer Death Rates

The ratio or number of deaths caused by cancer within a specific population and time period, often used as an indicator for the disease's impact and mortality.