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    Mergers Acquisitions Study Set 1
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    Exam 8: Relative, Asset-Oriented, and Real Option
  5. Question
    An Option Is the Exclusive Right, but Not the Obligation
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An Option Is the Exclusive Right, but Not the Obligation

Question 41

Question 41

True/False

An option is the exclusive right, but not the obligation, to buy, sell, or use property for a specific period of time in exchange for a predetermined amount of money.

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