Indicate whether the following statements are true or false with respect to characteristics of stock options.
Definitions:
Cheque
A written, dated, and signed instrument that directs a bank to pay a specified sum of money to the bearer or to the order of a specified person.
Statutory Assignment
The transfer of rights or benefits from one party to another as per the specifications and regulations of statutory laws.
Apartment Building
A residential structure consisting of multiple individual housing units, typically for rent, within one building or complex.
Rent Proceeds
The income received by a property owner from leasing their property to a tenant.
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