An Option Gives the Holder the Right to Buy or Sell

question 8

True/False

An option gives the holder the right to buy or sell foreign currency at a prespecified price on or up to a prespecified date.

---

Definitions:

FIRO

A theory of interpersonal relations that explains how interpersonal relationships can be understood through three basic needs: inclusion, control, and affection.

Need For Inclusion

The inherent desire or drive within individuals to belong, be accepted, and feel a part of a group or community.

Social Anxiety

A form of anxiety that occurs in social situations, characterized by a fear of being negatively judged or evaluated by others.

Attachment Theory

A psychological theory that explores the importance of "attachment" in human development, particularly the bonds between children and their caregivers.