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Crazy Corbin Offered His Executives Stock Options

Question 3

Multiple Choice

Crazy Corbin offered his executives stock options. According to Crazy Corbin, in order for these to vest, Crazy Corbin Co. must achieve a net income of $10,000,000. What type of vesting condition is this?


A) Service (Non-market)
B) Performance (Non-market)
C) Performance (Market)
D) Non-vesting
E) None of the above

Correct Answer:

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