A Stock Option Is the Right to Purchase the Stock

question 9

True/False

A stock option is the right to purchase the stock of a corporate employer at a stated price for an indefinite period of time.

---

Definitions:

Steelworkers Trilogy

A set of three landmark labor law cases decided by the United States Supreme Court in 1960, which greatly expanded the role of arbitration in resolving labor disputes.

Bargaining Issue Determination

The process of identifying and defining the specific subjects or matters to be negotiated or discussed between parties, typically in the context of labor relations.

Direct Dealing

The negotiation process between employers and employees (or their representatives) without the involvement of third-party mediators or arbitrators.

Surface Bargaining

A term used in labor relations, referring to the practice of negotiating a contract without the intention of reaching a meaningful agreement.