An ________ Option Can Be Exercised Only on Its Expiration

question 57

Multiple Choice

An ________ option can be exercised only on its expiration date,whereas a/an ________ option can be exercised anytime between the date of writing up to and including the exercise date.

• A) American; European
• B) American; British
• C) Asian; American
• D) European; American

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Definitions:

Document

A piece of written, printed, or electronic matter that provides information or evidence or that serves as an official record.

App

Short for "application," a software program designed to execute specific tasks or functions for the user, often on a mobile device or within a web browser.

Extension

A small software tool that adds new functionality or extends the capabilities of existing software applications or browsers.

Characters

The letters, numbers, and symbols that make up written language, used in typing and text.