Call Options Offer Buyers

question 34

Multiple Choice

Call options offer buyers

• A)potential leverage
• B)liquidity
• C)income
• D)safety of principal

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Definitions:

Novation

A legal process by which an old contract is replaced by a new agreement, transferring rights and obligations to a different party.

Partnership Obligations

Partnership obligations are duties and responsibilities that partners in a business partnership are required to fulfill, including financial contributions, management duties, and adherence to partnership agreements.

Statement of Dissociation

A formal declaration made by a partner indicating their intention to leave a partnership.

Liable

Obligated by law.