An option is a contract giving the buyer the right but not the obligation to buy or sell an underlying asset at a specific price on or before a certain date
A. 
True
B. 
False
2.
Which type of Option gives the option to sell the underlying asset?
A. 
Call
B. 
Short
C. 
Put
3.
The price at which the underlying asset may be exercised is called the strike price?
A. 
True
B. 
False
4.
Which of below do not appear on an Option contract?
A. 
Strike Price
B. 
Dividend Rate
C. 
Premium
5.
A European Option can only be exercised on expiration?