Which One of the Following Statements Is Correct

question 275

Multiple Choice

Which one of the following statements is correct?

• A) A June 25 call is worth more than the June 20 call on the same stock.
• B) If the May 30 put on ABC stock is in the money then the May 30 call on the same stock must be out of the money.
• C) A put is in the money when the stock price exceeds the exercise price.
• D) The time premium increases as the time to expiration nears.
• E) The benefit to the put writer increases as the stock price falls below the exercise price.

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Definitions:

State EEOC

State level branches of the Equal Employment Opportunity Commission that handle discrimination complaints and issues.

Discriminatory Act

A discriminatory act involves unfair or prejudiced treatment of individuals based on certain characteristics, such as race, age, or gender, which is prohibited under various laws.

Prima Facie Case

A prima facie case is the establishment of a legally required rebuttable presumption, demonstrating enough evidence to support a particular proposition unless disproved by further evidence.

Disparate-Treatment Discrimination

A form of discrimination where an individual is treated less favorably than others because of a protected characteristic such as race, sex, or religion.