_____ occurs when a date or price in a stock option agreement is changed so that the option holder can buy shares at a bargain price.
A) "Backdating"
B) "Option revising"
C) "Retro-vising"
D) "Adjusting"
E) "Rechecking"

Question

Quizplus · Accepted Answer

"Backdating" refers to changing the date of a stock option agreement to a date in the past when the stock price was lower, allowing the option holder to buy shares at a lower price and making a larger profit. This practice is illegal and unethical. The other options listed are not related to this specific issue.

_____ Occurs When a Date or Price in a Stock