A ________ gives the person to whom it is granted the right to buy a certain number of shares at a fixed price for a fixed number of years.

Question

Quizplus · Accepted Answer

A stock option is a contract that grants the holder the right, but not the obligation, to buy or sell a particular stock at a fixed price for a fixed period of time. In this case, it would give the person the right to buy a certain number of shares at a fixed price for a fixed number of years. The other answer choices are not relevant to the concept of stock options.

A ________ Gives the Person to Whom It Is Granted