When a right to purchase securities is acquired it is know as ________.
A. Call option
B. Put option
C. Double option
D. Single option
Answer: Option A
Solution(By Examveda Team)
A call option is the right (not obligation) to buy stock in the future at a fixed price and a put option is the right (not obligation) to sellThis Question Belongs to Commerce >> Business And Commerce
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Its answer must be (a)- call option.
its a call option