An Options Contract Gives the Owner the ________ but Not

question 36

Multiple Choice

An options contract gives the owner the ________ but not the ________ to buy or sell an asset at a fixed price at some future date.

• A) obligation, right
• B) right, option
• C) right, obligation
• D) option, right

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Definitions:

Activities of Daily Living

Basic tasks of everyday life, such as eating, bathing, dressing, toileting, and transferring, used to assess a person's care needs.

Meniere's Disease

A disorder of the inner ear causing episodes of vertigo, tinnitus, hearing loss, and a feeling of fullness or congestion in the ear.

Serous Otitis Media

A type of ear infection where fluid collects behind the eardrum, leading to pain and potentially reduced hearing.

Cerumen

The medical term for earwax, a natural substance produced by glands in the ear canal that helps to clean, protect, and lubricate the ears.