Which of the Following Statements Is True

question 83

Multiple Choice

Which of the following statements is true?

• A) Call options can be sold prior to expiration but put options cannot.
• B) Put options can be sold prior to expiration but call options cannot.
• C) No option can be sold prior to expiration.
• D) Both American and European options can be sold prior to expiration.

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Definitions:

Firearms

Portable weapons that launch one or more projectiles driven by rapidly expanding high-pressure gas produced chemically by combustion or other means.

Legislation

Laws and statutes that have been formally enacted by a legislative body, which govern the actions of individuals and organizations within the jurisdiction.

CRTC

The Canadian Radio-television and Telecommunications Commission, a governing body regulating broadcasting and telecommunications in Canada.

Licences

Official permissions granted by regulatory authorities allowing individuals or entities to engage in certain regulated activities.