The Seller of a European Call Option Has The

Multiple Choice

The seller of a European call option has the:

A) right, but not the obligation, to buy a stock at a specified price on a specified date.
B) right to buy a stock at a specified price during a specified period of time.
C) obligation to sell a stock on a specified date but only at the specified price.
D) obligation to buy a stock some time during a specified period at the specified price.
E) obligation to buy a stock at the lower of the exercise price or the market price on the expiration date.