A guarantee that allows the purchase of shares of stock at a fixed price is a(n)

Name: A guarantee that allows the purchase of shares of stock at a fixed price is a(n)
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A stock option is a guarantee that allows an individual to purchase shares of stock at a fixed price, which can serve as a form of compensation for employees or executives. It is not a non-pecuniary benefit of employment, disincentive to expand a corporation, illegal means to compensate CEOs, or a stock split.

A Guarantee That Allows the Purchase of Shares of Stock