________ Options Allow the Holder to Exercise the Option on Any

question 11

Multiple Choice

________ options allow the holder to exercise the option on any date up to and including the expiration date.

• A) Canadian
• B) American
• C) European
• D) None of the above

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Definitions:

Desired Behavior

A specific action or pattern of actions that an individual or system aims to elicit or establish as routine.

Positive Reinforcement

A process in behavior analysis that involves the introduction of a favorable stimulus following a desired behavior.

Shaping

A method in behavioral psychology where successive approximations of a target behavior are reinforced until the desired behavior is achieved.

Successive Approximations

A technique used in behaviorist psychology, involving the reinforcement of behaviors that are increasingly similar to the desired behavior.