Which of the Following Is NOT True

question 20

Multiple Choice

Which of the following is NOT true

• A) A call option gives the holder the right to buy an asset by a certain date for a certain price
• B) A put option gives the holder the right to sell an asset by a certain date for a certain price
• C) The holder of a call or put option must exercise the right to sell or buy an asset
• D) The holder of a forward contract is obligated to buy or sell an asset

---

Definitions:

Psychiatrist

A medical doctor specialized in the diagnosis, prevention, study, and treatment of mental disorders.

Psychometrist

A specialist who administers and scores psychological tests, typically under the supervision of a qualified psychologist.

Cognitive

Relating to the mental actions or processes involved in acquiring knowledge and understanding through thought, experience, and the senses.

Information Processing

The methods by which humans and computers take in, use, and output information, often compared to computer processing in cognitive psychology.