Ownership of a Call Option Entitles the Owner to the ________

question 14

Multiple Choice

Ownership of a call option entitles the owner to the ________ to ________ a specific share, on or before a specific date, at a specific price.

• A)right, buy
• B)right, sell
• C)obligation, buy
• D)obligation, sell

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Definitions:

Spinal Cord

The central nerve column that runs down the back and transmits messages between the brain and the rest of the body.

Neurons

Specialized cells transmitting nerve impulses; the basic building blocks of the nervous system.

Nerve Cells

Specialized cells that transmit electrical signals throughout the body, forming the basis of the nervous system.

Reflexes

Automatic, involuntary responses to specific stimuli that do not require conscious thought.