A Call Option Contract

question 296

Multiple Choice

A call option contract:

• A) Obligates both the buyer and the seller.
• B) Obligates the buyer but not the seller.
• C) Grants rights to the buyer and obligates the seller.
• D) Grants rights to the seller and obligates the buyer.
• E) Grants rights to both the buyer and the seller but does not obligate either party.

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Definitions:

Distributive Justice

The perceived fairness of how rewards and resources are distributed among members of a group.

Procedural Justice

The concept in psychology and law that concerns the fairness and the transparency of the processes by which decisions are made.

Fairness

The quality of making judgments that are free from discrimination, bias, or favoritism.

High-Fat Snacks

Foods that are rich in fats, often offering high calories and low nutritional value, typically consumed for pleasure rather than health benefits.