Purchasers of stock options
A) own a financial asset with benefits of firm ownership.
B) have a claim on the profits of the firm issuing the underlying securities.
C) have the obligation to buy or sell a predetermined amount of shares at the strike price.
D) have the right to buy or sell a certain number of underlying shares.
Answer: D
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Formed under the umbrella of the United Nations, the GSTC has the goal of promoting best practices in sustainable ________ around the world.
Fill in the blank(s) with the appropriate word(s).
Common stock carries all the following rights except the right to
A. vote on changes to the corporate charter. B. share in profits. C. receive information about the corporation. D. receive part of the profit before other classes of stock. E. attend the annual stockholders' meeting.
Gables purchased used Mercedes from a German company. The cars were built for the German market and met its safety and pollution requirements. Gables hoped to sell the cars in the U.S., and so shipped them to New York. Upon reaching Customs, the cars will:
a. not be passed through Customs because Germany does not have most favored nation status with the U.S. b. be passed through Customs because they are not products that would affect U.S. national security c. not be allowed to pass because they are a major source of competition for U.S. automakers d. not pass through Customs unless they meet all safety and pollution control for cars operated in the U.S. e. not be allowed because they are not new cars
An independent contractor is usually not an agent of the principal who hired her, but can have that role too
a. True b. False Indicate whether the statement is true or false