Examlex
Suppose you purchase a call option with a strike price of $85 for an options price of $10 How much profit will you earn if you exercise it when the price is $100?
Partnership
A legal arrangement where two or more persons agree to manage and operate a business and share its profits or losses.
Written Agreement
A formal contract that outlines the terms and conditions of a particular arrangement, documented in writing.
Chain-style Business
A business model where multiple outlets of the same company offer the same product or service, typically under the same brand.
Franchisor
A business entity that grants the right to an individual or group to carry out commercial activities using its trademark and business model in exchange for a fee or royalty.
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