Deferred Compensation That Gives an Individual the Right to Purchase

question 27

Multiple Choice

Deferred compensation that gives an individual the right to purchase a specified number of shares of the company's stock at a specified price within a specified time period is/are called

• A)stock puts.
• B)stock options.
• C)stock calls.
• D)stock puts and stock calls.

---

Definitions:

Cones

Photoreceptor cells in the retina of the eye that are responsible for color vision and function best in relatively bright light.

Retina

A layer at the back of the eyeball containing cells that are sensitive to light and that trigger nerve impulses that pass via the optic nerve to the brain, where a visual image is formed.

Energy

The capacity to do work, which exists in various forms such as kinetic, potential, thermal, electrical, chemical, nuclear, and others.

Energy

The capacity to do work or produce change, existing in various forms such as kinetic, potential, thermal, electrical, chemical, and nuclear.