The Primary Difference Between an American and a European Option

question 65

Multiple Choice

The primary difference between an American and a European option is

• A) American options must be exercised on the expiration date.
• B) European options must be exercised on the expiration date.
• C) American options may be exercised at any point up until the expiration date.
• D) European options may be exercised at any point up until the expiration date.

Recognize the importance and components of an effective code of conduct.

Understand the implications of fair use in copyright law.

Identify the ethical obligations employees have towards their employers.

Understand the standards and conditions that justify whistle-blowing according to ethicists.

---

Definitions:

Closed-Loop MRP

A Materials Requirement Planning system that provides feedback on inventory levels, production, and purchase orders, enabling continuous updates and adjustments.

Dependent Demand

The need for materials or components directly tied to the demand for final products, where changes in the product demand impact the demand for materials.

Independent Demand

Independent demand is the need for a finished product or service that is not directly influenced by the demand for other products or services.