A/An ________ Option Can Be Exercised Only on Its Expiration

question 72

Multiple Choice

A/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:

Luncheon

A formal lunch, or a gathering with a meal served, usually in the middle of the day.

Volunteers

Individuals who freely offer to take part in an activity or to perform a service.

Participants

Individuals who take part in a study or research project.

Registered

Officially recorded and recognized by authorities or organizations.