Which of the following is NOT true
A. A call option gives the holder the right to buy an asset by a certain date for a certain price
B. A put option gives the holder the right to sell an asset by a certain date for a certain price
C. The holder of a call or put option must exercise the right to sell or buy an asset
D. The holder of a forward contract is obligated to buy or sell an asset
C
The holder of a call or put option has the right to exercise the option but is not required to do so. A, B, and C are correct
You might also like to view...
Which of the following is a true statement about Integrative Social Contracts Theory?
A. By imposing "hypernorm" limits on the otherwise general acceptance of ethical norms in other cultures, ISCT embraces neither ethical relativism nor ethical imperialism. B. There is a specific and comprehensive set of hypernorms, the violation of which, according to the originators of ISCT, would make a decision unethical. C. Three hypernorms that the authors of ISCT have identified are: respect for human dignity, respect for basic rights, and unqualified honesty in all business dealings. D. In addressing the use of child labor in Bangladesh, Levi Strauss rejected the application of ISCT in favor of ethical imperialism.
The greater the number of channel levels in a marketing channel, the ________
A) less distance between producer and end-consumer B) greater the channel complexity C) less time it takes for products to reach end-consumers D) greater the control producers have over the distribution of their products E) greater the control producers have over the demand of their products