The Most Common Type of an Option Is Known as a Financial

question 86

True/False

The most common type of an option is known as a financial option which is the right to purchase stock at a fixed price for a specific period of time.

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Definitions:

Just-World Phenomenon

The cognitive bias to believe that the world is fundamentally fair, leading individuals to rationalize an otherwise inexplicable injustice as deserved by the victim.

Just-World Phenomenon

The cognitive bias to believe that the world is just and people get what they deserve, leading to a tendency to blame victims for their misfortune.

Other-Race Effect

A phenomenon in which individuals are better at recognizing faces of their own race than those of other races.

Scapegoat Theory

A psychological concept suggesting that individuals or groups blame their problems and failures on others instead of accepting responsibility.