Multiple Choice
Nonqualified stock options involve _____.
A) purchase of stock at a stipulated price, not conforming with Internal Revenue Code
B) cash or stock award determined by increase in stock price at a fixed future date
C) cash or stock award determined by 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
Correct Answer:

Verified
Correct Answer:
Verified
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