The Difference Between an American Call and a European Call

question 86

Multiple Choice

The difference between an American call and a European call is that the American call:

• A)has a fixed exercise price while the European exercise price can vary within a small range.
• B)is a right to buy while a European call is an obligation to buy.
• C)has an expiration date while the European call does not.
• D)is written on 100 shares of the underlying security while the European call covers 1,000 shares.
• E)can be exercised at any time up and including to the expiration date while the European call can only be exercised on the expiration date.

---

Definitions:

Institutional Racism

A form of racism expressed in the practice of social and political institutions, embedded in policies, laws, and practices that harm certain racial groups.

WASPs

An acronym for White Anglo-Saxon Protestants, a sociocultural group in the United States characterized by their historical wealth, social status, and influence.

Jewish Refugees

Individuals of Jewish descent who have been displaced from their countries of origin due to persecution, war, or violence, particularly noted during and after World War II.

Canadian Government

The federal administrative framework of Canada, characterized by a parliamentary system where the prime minister is the head of government.