An Options Contract Gives the Owner the ________ but Not

question 2

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
• E)obligation,option

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Definitions:

Indorsements

Signatures or stamps placed on a document, typically a check or negotiable instrument, signifying agreement, approval, or acknowledgment.

Genuine Signatures

Authentic signatures that confirm the identity of signatories and indicate their agreement with the terms of a document.

Entitled to Enforce

Having the legal right or standing to compel obedience to a law, rule, or obligation.

Certified

Official recognition or guarantee that an individual, organization, product, or document meets certain predefined standards.