A Call Option Gives the Owner the Right to ________

question 98

Multiple Choice

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

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

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Definitions:

Special Sense

A perception such as sight, hearing, smell, taste, or balance requiring specialized organs.

Unencapsulated Receptors

Sensory receptors not surrounded by connective tissue capsules, detecting changes in their environment.

Meissner's Corpuscles

Sensitive mechanoreceptors located in the papillary layer of the dermis, particularly in areas like the fingertips and lips, responsible for sensitivity to light touch.

Free Nerve Endings

Sensory receptors found throughout most of the body that respond to pain, temperature, touch, and pressure.