An Option Contract That Can Only Be Exercised on the Expiration

question 85

Multiple Choice

An option contract that can only be exercised on the expiration date is a(n) ________ option.

• A) call
• B) put
• C) American
• D) European
• E) index

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Definitions:

Information And Communication

The processes and systems used to create, capture, distribute, and use information, enabling effective exchange and understanding among individuals or organizations.

Reasonable Assurance

A level of confidence or certainty in the effectiveness of an organization's controls, processes, or systems, without guaranteeing absolute assurance.

Vulnerabilities

Weaknesses in a system or security setup that can be exploited by threats.

Customer's Note

It is a formal promissory note or debt instrument where the customer promises to pay a specific sum of money to the issuer, often used in business as a form of short-term financing.