The Employment Contracts for Professional Athletes Often Contain Options for Either

question 22

Multiple Choice

The employment contracts for professional athletes often contain options for either the player or the team. Consider one recent contract in Australian Rules Football. The player's salary was guaranteed for the first couple years. However, after several years, the team had the option to cancel the contract if the player became injured. If we think of each player as a project for the team, this option feature of the contract is best described as:

• A) the option to defer investment.
• B) the option to make follow-on investments.
• C) the option to change operations.
• D) the option to abandon projects.

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Definitions:

Exposure

Contact with a substance or factor that could affect health.

Association

A statistical relationship between two or more variables, events, or actions, indicating that they may occur together or influence each other but not necessarily implying causation.

Relative Risk

A measure that compares the risk of a health event among one group with the risk among another group.

Cohort Study

An observational study where subjects are selected based on exposure status and followed over time to observe outcomes.