Which of the Following Statements Is FALSE

question 6

Multiple Choice

Which of the following statements is FALSE?

• A)A 'put option' gives the owner the right to sell the asset.
• B)A 'call option' gives the owner the right to buy the asset.
• C)A 'financial options contract' gives the writer the right (but not the obligation)to purchase or sell an asset at a fixed price at some future date.
• D)A 'share option' gives the holder the option to buy or sell a share on or before a given date for a given price.

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Definitions:

Patriot Behavior

The actions and attitudes of individuals who intensely support and defend their country, often associated with the American Revolutionaries who fought for independence from Britain.

Continental Association

An agreement adopted by the First Continental Congress in 1774 in response to the British Coercive Acts, implementing a trade boycott with Great Britain.

Committees of Observation

were bodies established by American colonists during the early stages of the Revolutionary War to enforce the boycott of British goods following the Townshend Acts and to spread the cause of liberty.

Revolutionary Tribunals

Courts established in revolutionary periods, especially noted during the French Revolution, to try enemies of the revolution swiftly and without the same procedural rights as regular courts.