An Option That Gives the Owner the Right to Sell

question 71

Multiple Choice

An option that gives the owner the right to sell 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.

---

Definitions:

Hippocampus

A region of the brain associated with learning and memory, particularly transferring short-term memory to long-term memory.

Anterograde Amnesia

The inability to form new memories following a traumatic event, though memory for events before the event is usually intact.

Retrograde Amnesia

A loss of memory-access to events that occurred, or information that was learned, before an incident that caused the amnesia.

Global Amnesia

A rare condition involving a sudden and severe loss of memory, usually temporary, affecting the ability to recall recent and remote events.