An Option Gives Its Owner the Right to Buy or Sell

question 152

Multiple Choice

An option gives its owner the right to buy or sell an asset. This asset is generally ________.

• A) preferred stock
• B) mutual funds
• C) corporate bonds
• D) common stock
• E) none of the above are correct

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Definitions:

Personality

The combination of emotional, attitudinal, and behavioral response patterns of an individual that are relatively stable over time.

Big Five

A model postulating five core dimensions of personality traits: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Personality Factors

Distinct dimensions of personality that are used to describe and understand individual differences.

Agreeableness

A characteristic of being amiable, cooperative, and harmonious in one's interactions with others.