Brad Purchased an Option That He Can Only Exercise on the Final

question 13

Multiple Choice

Brad purchased an option that he can only exercise on the final day of the option period.Which type of option did he purchase?

• A)European
• B)American
• C)inflexible
• D)dated
• E)pointed

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Definitions:

Powerful

Possessing great power, influence, or effect; capable of exerting force, authority, or having a strong impact on outcomes.

Fuel Efficient

Referring to technology or methods that use fuel in a way that maximizes energy output while minimizing waste, often associated with vehicles.

Car

A wheeled motor vehicle used for transportation.

Justification

The process or reasons given to demonstrate something is reasonable or necessary, often used to show that an action or decision is appropriate.