Which of the following terms refers to the right to purchase a stated number of shares of a company stock at today's price at some time in the future?
A)at-risk variable plan
B)multiplier method
C)stock option
D)gainsharing plan

Question

Quizplus · Accepted Answer

C)A stock option is the right to purchase a specific number of shares of company stock at a specific price during a specific period. The assumption is that the price of the stock will go up.

Which of the Following Terms Refers to the Right to Purchase