All of the Following Statements Are True EXCEPT

question 24

Multiple Choice

All of the following statements are true EXCEPT:

• A) copper wire is used in boat trailers instead of stainless steel because of its resistance to corrosion.
• B) a soldering iron or a soldering gun is used for connections of wiring .
• C) a crimp connector is used to join stainless steel wire because stainless is not solderable.
• D) solder will not stick to another metal unless it is very clean and not corroded.

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Definitions:

Call Options

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

European Options

Financial derivatives that give the holder the right, but not the obligation, to buy or sell an asset at a specified price only on the option's expiration date.

Conversion Price

The price per share at which a convertible security, such as convertible bonds or convertible preferred stock, can be converted into common stock.

American Option

A type of options contract that allows the holder to exercise the option at any point up to and including the expiration date.