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Jimmy Campbell is looking to buy put options on Hawkwood Corporation.Currently Hawkwood Corp.stock is trading at $40 per share.The put options that he is considering buying have a strike price of $45.These put options are
Performance Risk
The possibility of a party failing to fulfill their obligations under a contract, leading to performance failure.
Warranty
A guarantee, often given by a seller to a buyer, assuring certain conditions or the quality of a product or service.
Manufacturer Responsibility
The legal and moral obligation of producers to ensure their products are safe and meet certain standards.
Breach of Warranty
The violation of a promise, assurance, or guarantee made about the quality, condition, or performance of a product or service.
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