Any Transaction Involving the Transfer of Ownership or Rights to Use

question 54

Short Answer

Any transaction involving the transfer of ownership or rights to use goods and services,which is initiated and/or completed by using mobile access to computer-mediated networks with the help of an electronic device is called ________.

---

Definitions:

Option Clearing Corporation

An organization that acts as both the issuer and guarantor for option and futures contracts, ensuring the fulfillment of contract obligations.

Stock Options

Financial derivatives that give the holder the right, but not the obligation, to buy or sell a stock at a predetermined price before a specified date.

Exercise Prices

The price at which the option holder has the right to buy or sell the underlying security, synonymous with strike price.

Stock Price

The cost of purchasing a share of a company on the stock market, influenced by various factors including company performance, investor sentiment, and market conditions.