An Option Is a Contract That

question 59

Multiple Choice

An option is a contract that
​
All of these.

• A)gives the holder the right to buy or sell a specific asset.
• B)specifies a predetermined price.
• C)specifies a time period.
• D)All of these.

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Definitions:

Just Cause

A legal term signifying a legitimate or legally sufficient reason for certain actions, such as termination of employment or disciplinary measures.

Union Contract

A legally binding agreement between a labor union and an employer that outlines the conditions of employment, wages, and other work-related issues.

Internal Dispute

A conflict within an organization or between its members that does not involve external parties.

Employment Lawsuit

A legal case initiated by an employee or group of employees against an employer, typically over disputes related to job termination, discrimination, or wage issues.