Which of the following statements is FALSE?
A) A holder would not exercise an in-the-money option.
B) The option seller, also called the option writer, sells (or writes) the option and has a short position in the contract.
C) Because the long side has the option to exercise, the short side has an obligation to fulfill the contract.
D) When the exercise price of an option is equal to the current price of the stock, the option is said to be at-the-money.
A
Explanation: A) A holder would not exercise an out-of-the-money option.
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For delivery of a deed to occur, the grantor needs to _______ and the grantee needs to __________.
a. place the deed in the mail; plan to accept the deed on certain conditions b. physically hand the deed to the grantee; record the deed with the county c. intend to convey title; accept the deed as immediately effective d. intend to convey partial title; record the deed with the county
The basis of the Stapel scale format is numerical rather than verbal or visual
Indicate whether the statement is true or false