An Option Contract Is Terminated Upon the Death of the Offeror

question 65

True/False

An option contract is terminated upon the death of the offeror.

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Definitions:

25%

Represents a quarter or one-fourth of a total amount, often used to describe a portion, increase, or interest rate.

Canadian Dollar

The official currency of Canada, represented by the symbol CAD or C$.

Euro

The official currency of the Eurozone, which is used by most European Union countries.

Percentage Terms

A way of expressing values or changes as a fraction of 100, used to describe proportions relative to a whole.