A Contract That Grants Its Buyer the Right, but Not

question 21

Multiple Choice

A contract that grants its buyer the right, but not the obligation, to sell an asset at a specified price is called a:

• A)futures contract.
• B)call option.
• C)preset contract.
• D)put option.
• E)primary contract.

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Definitions:

Bandwagon Fallacy

A logical fallacy where one assumes something is true or right because it is popular or because others are doing it.

Unethical Leader

A leader who acts in self-interest, violating moral principles, and often causing harm to the organization, employees, or society at large.

False Analogy

A logical fallacy that occurs when someone argues that two things are substantially alike in an important respect when they are not.

Argumentum Ad Populum

A fallacious argument that concludes a proposition to be true because many or most people believe it.