A Major Difference Between Coal and Oil/gas Is ________

question 48

Multiple Choice

A major difference between coal and oil/gas is ________.

• A)coal forms in deep marine environments and oil/gas form in shallow marine environments
• B)coal forms in shallow marine environments and oil/gas form in swamps
• C)coal forms in swamps and oil/gas form in marine environments
• D)coal forms on land from dinosaurs and oil/gas form from ancient fish

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Definitions:

Option Price

The price that the option buyer pays to the option seller (writer) for the rights conveyed by the option contract.

Warrants

Securities that grant the holder the right to purchase the company's stock at a predetermined price before a specified date.

Implicit Call Option

A feature embedded in certain financial instruments or contracts that gives the issuer the right, but not the obligation, to take some action under specified conditions.

Loan Guarantees

Agreements in which a third party (the guarantor) agrees to repay the debt or perform an obligation if the debtor defaults.