The Owner of a Call Option Has The

question 20

Multiple Choice

The owner of a call option has the:

• A)right but not the obligation to buy a stock at a specified price on a specified date.
• B)right but not the obligation to buy a stock at a specified price during a specified period of time.
• C)obligation to buy a stock on a specified date but only at the specified price.
• D)obligation to buy a stock sometime during a specified period of time at the specified price.
• E)obligation to buy a stock at the lower of the exercise price or the market price on the expiration date.

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Definitions:

Justice

The principle of fairness and moral righteousness, often pursued through legal or ethical means, ensuring equal right and treatment.

Ethical Theory

A systematic and philosophical approach to understanding, analyzing, and distinguishing right from wrong behavior.

Distributive Justice

The ethical principle concerned with the fair allocation of resources among members of a community.

Social Egalitarian

Advocates for equal rights, opportunities, and treatment for all people in a society.