A ________ Is the Right to Buy a Particular Stock

question 243

Multiple Choice

A ________ is the right to buy a particular stock at a certain price until a particular date, while a ________ gives the owner the right to sell a particular stock at a specified price until a particular date.

• A) put option; call option
• B) limit order; sales order
• C) call option; put option
• D) sales order; limit order
• E) market purchase order; market sales order

---

Definitions:

Minor

An individual under the legal age of majority, typically 18 years, who has limited legal rights and responsibilities.

Accession

The acquisition of property by its incorporation or union with other property.

Personal Property

Property that is movable, as opposed to real estate. It includes items like furniture, vehicles, and electronic devices.

Intermixing

The act of mixing or blending together different elements or substances.