Which of the Following Statements Is FALSE

question 34

Multiple Choice

Which of the following statements is FALSE?

• A)The option buyer,also called the option holder,holds the right to exercise the option and has a long position in the contract.
• B)The market price of the option is also called the exercise price.
• C)If the payoff from exercising an option immediately is positive,the option is said to be in-the-money.
• D)As with other financial assets,options can be bought and sold.Standard stock options are traded on organized exchanges,while more specialized options are sold through dealers.

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Definitions:

Criminal Prosecution

The process by which a person is formally charged with a crime by a governmental body and brought to trial.

Waiver of Due Process

The voluntary surrender of an individual’s legal rights to procedural protections in a legal or disciplinary process.

Total Work Days

The total number of days employees are scheduled to work within a specific period, often used to calculate productivity or allocate resources.

NLRA

The National Labor Relations Act, a foundational statute in United States labor law which guarantees the rights of private sector employees to organize into trade unions, engage in collective bargaining, and take collective action such as strikes.