Examlex
Which of the following terms indicates the tendency of individuals to spend less effort when working collectively?
Option Contract
A contract which gives the holder the right, but not the obligation, to buy or sell an underlying asset at a specified price within a specified time.
Financial Instruments
Contracts that give rise to both a financial asset of one entity and a financial liability or equity instrument of another entity.
Convertible Note
A financial instrument that can be converted into a specified number of shares of the issuing company at certain times during its life, usually at the discretion of the holder.
Derivative Instruments
Financial contracts whose value is derived from the value of an underlying asset, index, or interest rate.
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