A Stock Option Is the Right to Purchase a Specific

question 28

True/False

A stock option is the right to purchase a specific number of shares of company stock at a specific price during a period of time.

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Definitions:

Buyers

People or organizations that acquire goods or services.

Income Increase

A rise in the amount of money earned by a person, group, or country, which can affect purchasing power and consumption patterns.

Substitute Good

A product or service that a consumer sees as the same or similar to another product.

Price

The cost associated with obtaining a good or service.