If the Gross Profit Is Positive and the Net Profit

question 14

Multiple Choice

If the gross profit is positive and the net profit is negative, you will ________.

• A) let the option expire with no action
• B) not exercise the option
• C) exercise the option
• D) sell the option for less than the gross profit

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Definitions:

Rudely

In a manner that is impolite, discourteous, or lacking in social graces.

GRIT

in psychology, passion and perseverance in the pursuit of long-term goals

Conflict

A struggle or clash between opposing forces, ideas, interests, or people.

Conciliation

The process of resolving a dispute or conflict through mutual agreement and understanding.