The Primary Difference Between an American and European Option Is

question 108

Multiple Choice

The primary difference between an American and European option is:

• A)American options must be exercised on the expiration date
• B)European options must be exercised on the expiration date
• C)American options may be exercised at any point up until the expiration date
• D)European options may be exercised at any point up until the expiration date

---

Definitions:

Heterosexual Counterparts

Individuals or counterparts of the opposite sex in the context of heterosexual relationships or comparisons.

Lesbian Mothers

Women who identify as lesbians and are mothers, either through biological means, adoption, or as step-parents.

Median Age

A statistic that divides a population into two equal groups, such that half the population is younger than this age and the other half is older.

Financial Burdens

Economic hardships or pressures resulting from obligations such as debts, expenses, and responsibilities that strain an individual's or family's resources.