A Call Option Gives the Buyer the Right to Buy

question 54

True/False

A call option gives the buyer the right to buy from or sell to the writer a designated futures contract at a designated price at any time during the life of the option.

---

Definitions:

ISO 19600

An international standard that provides guidelines for establishing, developing, implementing, evaluating, maintaining, and improving an effective and responsive compliance management system within an organization.

Compliance Management

The process of ensuring that a company or organization follows all regulatory and legal requirements.

Ethics Program

A set of procedures, policies, and measures designed by an organization to guide employees' and stakeholders' behaviors in alignment with the organization's ethical standards.

Ethical Decisions

Choices made based on moral principles and values aimed at doing what is right and fair.