Which One of the Following Distinguishes an Option as an American

question 13

Multiple Choice

Which one of the following distinguishes an option as an American style option?

• A)option that grants its holder the right to purchase at the strike price
• B)option that grants its holder the right to sell at the strike price
• C)option that obligates its holder to sell at the strike price
• D)option that can be exercised at any time prior to expiration
• E)option that can only be exercised at expiration

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Definitions:

Utah Law

Law specific to the state of Utah, governed by state legislation and legal precedents within Utah jurisdiction.

Public Record

Documents or pieces of information that are not considered confidential and are kept by government agencies, available for public access and inspection.

Truthfulness

The quality of being honest and not containing or telling any lies.

Deceived

The act of misleading or tricking someone, often to gain an advantage.