Which of the Following Is Most Likely True Regarding Options

question 69

Multiple Choice

Which of the following is most likely true regarding options?

• A)An option can only be purchased from a commercial bank.
• B)Options are never used with foreign currency.
• C)An option is a right to sell foreign currency.
• D)Options do not provide firms with flexibility.

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Definitions:

Assertiveness

A communication style in which individuals express their needs, feelings, and opinions in a direct, honest, and respectful manner.

Formal Group

A group that is usually governed by the formal structure of the organization.

Grapevine Network

Grapevine network signifies informal and unofficial channels of communication within an organization, often spreading rumors or unofficial information.

Formal Groups

Organized groups with defined structures and roles, typically formed within institutions or businesses for specific purposes.