Examlex
Which of the following statements about genetic screening programs across the United States is FALSE?
Option
A contract that gives its owner the right to buy or sell some asset at a fixed price on or before a given date.
European Option
Option that can be exercised only on the expiration date.
Expiration Date
The last day on which an option can be exercised.
Underlying Asset
The financial instrument (e.g., stock, bond, commodity) upon which a derivative's price is based.
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