An Option That Gives the Owner the Right to Buy

question 85

Multiple Choice

An option that gives the owner the right to buy a financial instrument at the exercise price within a specified period of time is a

• A)call option.
• B)put option.
• C)American option.
• D)European option.

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Definitions:

Customer Payment

A financial transaction where a client settles the amount owed for a service or product provided by a company, completing the sale.

QuickBooks

An accounting software package developed and marketed by Intuit, used for small and medium-sized businesses.

Payment Method

The means or process by which a payment is made and received, which can include cash, checks, credit cards, or electronic transfers.