What Is a Defining Characteristic of an Option Agreement

question 21

Multiple Choice

What is a defining characteristic of an option agreement?

• A) It states that the option will lapse within a reasonable passage of time.
• B) It states that acceptance must be presented in written form.
• C) It prohibits a lapse of the original offer prior to a time set for acceptance.
• D) It states written notice is required to revoke the firm offer.

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Definitions:

Misattribution

A cognitive process where a person incorrectly attributes the source of a memory, emotion, or thought, often leading to inaccurate perceptions or judgments.

Distraction

A factor that diverts attention away from the primary task, potentially lowering the quality of performance.

Rumination

The compulsive focused attention on the symptoms of one's distress, and on its possible causes and consequences, as opposed to its solutions.

Facial-feedback Hypothesis

The concept that emotional experiences can be shaped by facial expressions.