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When the following value of the underlying asset increases, it would unambiguously increase the value of an American put option.
Permission
The authorization or approval given by one party to another, allowing them to take a specific action or perform a certain task.
Franchisee
An individual or company that is granted the right by a franchisor to carry out business under the franchisor's brand and operational model.
Manager
An individual responsible for directing and overseeing the work of others and making strategic decisions for a business or organization.
Company Owned Store
A retail outlet that is directly owned and operated by the brand or company that offers its products or services, as opposed to being franchised.
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