A 'Call Option' Gives the Owner the Right to ________

question 42

Multiple Choice

A 'call option' gives the owner the right to ________ an asset at a fixed price at some future date.

• A)sell
• B)hold
• C)buy
• D)None of the above.

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Definitions:

Creditor

An individual or institution to whom money is owed.

Debtor

A person or entity that owes money to another individual or entity, often as a result of borrowing.

UCC's Classification

A system of categorizing and standardizing commercial transactions and instruments, established under the Uniform Commercial Code.

Perfect

Complete and absolute, often used in legal contexts to describe a state in which rights or securities are fully enforceable.