The Only Things That the Grantee of an Option May

question 92

True/False

The only things that the grantee of an option may do with the option are exercise it or let it expire.

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Definitions:

Cognitive Abilities

Mental capabilities involving the use of knowledge, understanding through thought, experience, and the senses to solve problems, and make decisions.

Emotional Response

An individual's psychological and physiological reaction to a particular stimulus, influenced by personal experience, beliefs, and mood.

Self-Esteem

An individual's overall subjective emotional evaluation of their own worth; it is a judgment of oneself as well as an attitude toward the self.

Cognitive Schemata

Mental structures that hold an individual's knowledge, beliefs, and expectations about the world, guiding information processing and behavior.