The Put Option Allows

question 59

Multiple Choice

The put option allows:

• A) the holder to sell shares if desired and requires the put seller to buy the shares at a fixed price.
• B) the put seller to sell shares and requires the holder to buy shares at a fixed price.
• C) the holder to buy shares if desired and requires the put seller to sell the shares at a fixed price.
• D) the put seller to sell shares and allows the holder to sell shares at a fixed price.

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Definitions:

Single Intelligence

The theory or belief that intelligence is a single, general ability that can be measured and quantified.

Mental Capacities

The various faculties of the mind, such as understanding, reasoning, thought, memory, and the ability to learn.

David Wechsler

A psychologist best known for developing several widely used intelligence tests, including the Wechsler Adult Intelligence Scale.

Howard Gardner

An American developmental psychologist best known for his theory of multiple intelligences, which proposes that people have different kinds of intelligences, not just a single general intelligence.