Options Exist When the Owner of the Option Has _____________

question 23

Multiple Choice

Options exist when the owner of the option has _____________.

• A) the obligation, but not the right to engage in a transaction
• B) the right, but not the obligation to engage in a transaction
• C) the right and obligation to engage in a transaction
• D) neither the right, nor the obligation to engage in a transaction

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Definitions:

Middleman

An intermediary who facilitates transactions between buyers and sellers, potentially adding value in the distribution channel.

Arranging Trades

The process of organizing or facilitating exchanges of goods, services, or financial instruments between parties.

Top Management

The highest level of executives and decision-makers in an organization responsible for overall direction and strategy.

Middlemen

Intermediaries in the distribution process that facilitate transactions between producers and consumers by handling logistics, marketing, or sales.