Examlex
Which of the following is NOT a common form of destruction associated with hurricanes?
Option Contract
A financial derivative that gives the buyer the right, but not the obligation, to buy or sell an underlying asset at a set price within a specific period.
European Option
A type of option contract that can only be exercised at the expiration date, not before.
American Option
A type of options contract that allows holders to exercise their right to buy or sell the underlying asset at any time before the expiration date.
European Option
A type of financial derivative that gives an investor the right, but not the obligation, to buy or sell an asset at a specified price on the option's expiration date.
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