Which of the Following Was Not a Contributing Reason Why

question 3

Multiple Choice

Which of the following was not a contributing reason why the movie business relocated to southern California?

• A) The California climate provided year-round sunshine and fair weather.
• B) Thomas Edison decided to move his company headquarters to Los Angeles.
• C) Independent movie companies could avoid the legal reach of the Motion Picture Patents Company.
• D) The scenic California landscape provided attractive locations for movie filming.

---

Definitions:

Strike Price

The set price at which an option contract can be bought (call) or sold (put) when it is exercised.

Market Price

The current price at which an asset or service can be bought or sold in a marketplace.

Call Option

A financial contract giving the buyer the right, but not the obligation, to buy a stock, bond, commodity, or other asset or instrument at a specified price within a specific time period.

Exercise Price

The cost at which an option's owner is allowed to purchase (for a call option) or sell (for a put option) the underlying asset.