The Increased Chance of a Misunderstanding Occurring Because Voice and Words

question 24

Multiple Choice

The increased chance of a misunderstanding occurring because voice and words are the only tool for communication used in a meeting is a disadvantage of using:

• A) instant messaging or texting.
• B) teleconferencing or conference calls.
• C) web conferencing.
• D) videoconferencing.
• E) None of these responses are correct.

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Definitions:

Exercise Value

Equal to the current price of the stock (underlying the option) less the strike price of the option.

Call Options

Financial contracts that give the option buyer the right, but not the obligation, to buy a stock, bond, commodity, or other asset at a specified price within a specific time period.

Strike Price

The price stated in the option contract at which the security can be bought (or sold). Also called the exercise price.

Premium

An amount paid in addition to the standard or nominal cost, often for insurance, bonds, or superior products or services.