Which of the Below Statements Is FALSE

question 13

Multiple Choice

Which of the below statements is FALSE?

• A) Options on individual shares of common stock have been traded for many years.
• B) Trading of standardized call options on common stock began on the Chicago Board Options Exchange (CBOE).
• C) The SEC approved the creation of a national clearing system for options, the Options Clearing Corporation (OCC), jointly established by the CBOE and the American Stock Exchange.
• D) Exchange-traded stock options have a nonstandardized quantity.

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Definitions:

Behavioral Economists

Economists who study the effects of psychological, cognitive, emotional, cultural, and social factors on the economic decisions of individuals and institutions.

Preferences

The subjective tastes or desires of individuals, affecting their choices among various goods, services, or outcomes.

Discovered

Found or identified after a search, exploration, or investigation, often implying that the object or information was previously unknown or hidden.

Rational Consumers

Individuals who aim to maximize their utility or satisfaction from consumption under the constraints of their budget.