LEAPS Are a Special Type of Option

question 41

Multiple Choice

LEAPS are a special type of option

• A) that must be exercised within six months.
• B) that can only be exercised on the expiration date.
• C) that cannot be exercised for at least a year after it is is purchased.
• D) that may have an expiration date as long as three years.

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Definitions:

Emotional Response

The emotional reaction triggered by stimuli, which can vary widely among different individuals.

Insomnia

A sleep disorder characterized by difficulty falling and/or staying asleep, affecting a person's quality of life and health.

Consecutive Hours

Refers to hours that follow one directly after the other in a sequential manner.

Circadian Rhythm

The natural, internal process that regulates the sleep-wake cycle and repeats roughly every 24 hours.