Identify Any Fallacies in the Following Passage

question 96

Short Answer

Identify any fallacies in the following passage.
"If we didn't need a new car,why would it be time to sell the old one?"

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Definitions:

Call Premium

The additional cost over the par value that an investor must pay to purchase a callable security before its maturity date.

Strike Price

The predetermined price at which the holder of an option can buy (call) or sell (put) the underlying asset, until the option expires.

Call Contract

A financial agreement giving the buyer the right, but not the obligation, to buy a stock, bond, commodity, or other asset at a specific price within a specific time period.

Ticker Symbol

A unique series of letters assigned to a security for trading purposes.