An exercised option is called a:
(a) Express Contract
(b) Bilateral Contract
(c) Unilateral Contract
(d) Is not considered a contract
Answer: (b) Bilateral Contract
Business
You might also like to view...
The pretrial conference includes the defendant and the plaintiff without their lawyers
Indicate whether the statement is true or false
Business
Finance theory suggests that the IRR criterion is the most favorable capital budgeting decision tool
Indicate whether the statement is true or false
Business