Nonqualified Stock Options Require _____

question 41

Multiple Choice

Nonqualified stock options require _____.

• A)purchase of stock at a stipulated price, not conforming with the Internal Revenue Code
• B)cash or stock award to be determined by an increase in stock price at a fixed future date
• C)cash or stock award to be determined by an increase in stock price during any time chosen in the option period
• D)grant of stock at a reduced price with the condition that it may not be sold before a specified date

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Definitions:

Certificate

A formal document attesting to a fact, such as the completion of an educational course or the qualification of the holder.

Discriminative Stimulus

A stimulus in the environment that indicates the availability of reinforcement or punishment for a particular behavior.

Generalized Stimulus

A stimulus that elicits a response after association with a conditioned stimulus in classical conditioning scenarios, indicating the learned response can transfer to similar stimuli.

Reinforcer

Any stimulus, which, when presented after a response, increases the likelihood of that response occurring in the future.