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Although Not Stipulated in the NEC , Some Local Jurisdictions

question 19

Multiple Choice

Although not stipulated in the NEC , some local jurisdictions have adopted ____ for service conductors.


Definitions:

Options Exercised

The act of implementing the right to buy (call option) or sell (put option) an underlying asset at a predetermined price before the option expires.

Horizontal Spread

An options strategy involving the purchase and sale of two options of the same type and expiration date but different strike prices.

Call

An option contract giving the owner the right, but not the obligation, to buy a specified amount of an underlying asset at a set price within a specified time.

Strategy

A plan of action designed to achieve a long-term or overall aim.

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