Examlex
Which of the following terms implies that organizations that cannot adapt to the new demands placed on them for surviving in the information age are doomed to extinction?
Option Contract
A financial derivative that gives the buyer the right, but not the obligation, to buy or sell an underlying asset at an agreed-upon price within a certain period of time.
Futures Contract
A standardized legal agreement to buy or sell something at a predetermined price at a specified time in the future, typically traded on a futures exchange.
Futures Option
A financial derivative that gives the holder the right, but not the obligation, to buy or sell a futures contract at a specified price on or before a certain date.
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