An Option Is a Contract That Always

question 99

Multiple Choice

An option is a contract that always

• A) gives the owner the right,but not the obligation,to buy shares of a stock at a specified price within the time limits of the contract.
• B) gives the owner the right,but not the obligation,to sell shares of a stock at a specified price within the time limits of the contract.
• C) states that the seller agrees to provide a particular good to the buyer on a specified future date at an agreed-upon price.
• D) gives the owner the right,but not the obligation,to buy or sell shares of a stock at a specified price within the time limits of the contract.

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Definitions:

Preset Value

A preset value is an established parameter or threshold within a system, device, or application that triggers a specific action or response when reached.

Sequencer Instruction

A programming command used in PLCs to execute a series of stored steps or operations in a sequential manner.

Output Word

A data structure or unit in digital electronics and computing used to represent output values or states.

Sequencer Program

A computer program designed to manage the execution order of other programs or instructions in a sequence.