Nonqualified Stock Options Require _____

Multiple Choice

Nonqualified stock options require _____.

A) purchase of stock at a stipulated price, not conforming with the Internal Revenue Code
B) cash or stock award to be determined by an increase in stock price at a fixed future date
C) cash or stock award to be determined by an increase in stock price during any time chosen in the option period
D) grant of stock at a reduced price with the condition that it may not be sold before a specified date