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.

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Definitions:

Sociologists

Experts who study social behavior, society, patterns of social relationships, social interaction, and aspects of culture associated with everyday life.

Work life

The aspect of a person's daily life that involves their career and employment, including job satisfaction and balance with personal life.

Family

A social group typically consisting of parents and children living together or a group of people related by blood or marriage.

Civil Right Act of 1964

A landmark civil rights law in the United States that outlawed discrimination based on race, color, religion, sex, or national origin, particularly in voter registration and employment.