The ________ Side of an Options Contract Has the Option

question 25

Multiple Choice

The ________ side of an options contract has the option to exercise, while the ________ side has an obligation to fulfill the contract.

• A) long, long
• B) short, long
• C) long, short
• D) short, short

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Definitions:

Sales Contracts

Sales contracts are formal agreements between a buyer and seller detailing the terms of a transaction of goods or services.

Retail Arena

The overall retail environment or marketplace where businesses sell goods and services to consumers.

UCC

The Uniform Commercial Code, a set of laws that provide legal rules and regulations governing commercial or business dealings and transactions in the United States.

Common Law

Common law refers to a legal system in which judicial decisions set precedent and guide the interpretation and application of law, as opposed to written statutes or codes.