Like a Futures Contract, Only One Party to an Option

question 45

True/False

Like a futures contract, only one party to an option contract is obligated to transact at a later date: the option writer.

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Definitions:

Ethical Responsibility

This concept pertains to the duty to act in a morally sound way, considering the impact of one's actions on others and society.

Personal Ethical Standards

The moral principles that an individual upholds in their personal and professional life.

Local Newspaper

A publication focusing on news, events, and topics of interest within a specific local or regional community.

Ethical Decision

A choice made based on moral principles and values, considering the well-being and fair treatment of all involved.