An "Option" Is

question 28

Multiple Choice

An "option" is:

• A) a contract giving the seller (writer) the right, but not the obligation, to buy or sell a given quantity of an asset at an specified price at some time in the future.
• B) a contract giving the owner (buyer) the right, but not the obligation, to buy or sell a given quantity of an asset at a specified price at some time in the future.
• C) not a derivative, nor a contingent claim, security.
• D) unlike a futures or forward contract.

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Definitions:

Staff Demographics

Statistical data about the characteristics of a workforce, such as age, gender, ethnicity, education, and job function.

Problem/Solution

A structure outlining a specific issue and proposing one or more solutions to address it, commonly used in writing and speeches.

Four-Day Workweek

An employment arrangement where the workweek is shortened to four days instead of the traditional five, often with no reduction in pay.

Budget Woes

Financial challenges or difficulties pertaining to managing a budget or expenditure.