A Call Option Is a Contract

question 5

Multiple Choice

A call option is a contract

• A) that 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) that 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) in which the seller agrees to provide a particular good to the buyer on a specified future date at an agreed-upon price.
• D) that 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.

---

Definitions:

Cultural Symbols

Objects, figures, or colors that represent specific ideas, values, or traditions within a culture.

Marketers

Individuals or companies that promote, sell, and distribute a product or service to consumers, often focusing on strategies to increase demand and market share.

Etic Perspective

The etic perspective is an approach to studying cultures from an outsider's viewpoint, focusing on universal, cross-cultural truths.

Feng Shui

An ancient Chinese practice involving the arrangement of space to achieve harmony and balance with the surroundings.