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:

Gender Schema

A set of interrelated ideas used to organize information about the world on the basis of gender.

Secondary Sex Characteristics

The physical changes that occur as a result of increased amounts of hormones targeting other areas of the body.

Suitability

The appropriateness or fitness of a person, object, or situation for a specific purpose or condition.

Basic Humanity

Fundamental aspects or qualities that make humans compassionate, empathetic, and capable of moral reasoning.