1) Option contract is an agreement that give the

a) Owner obligation b) Owner right c) Owner duties d) Owner responsible

2) Options come in
a) Four flavors b)Three flavors c) Eight flavor d) Two flavor
3) An agent authority can be created
a) Only by expressly writing the term thereof b) Only by implication c ) Either expressively or
impliedly d) The principle only
4) Option contract have the potential for
a) Large profit b) large loss c) Large gains and loss d) Dividend
5) Options occur in everyday life
a) Occasionally b) Frequently c) Sometime d) Never
6) What is the minimum consideration required to create an agency
a)Minimum of rupees one lakh b) Minimum of rupees one thousand c)Minimum of rupees ten
thousand d)No consideration at all is required
7) Which of the following feature is not essential for a contract?
a) It should be in writing b) Free consent of parties competent to contract c) Lawful
consideration and with a lawful object d) It should be declared void expressly
8) Which of the following investment strategies has unlimited profit t potential
a) Writing a call b) Protective c) Put covered call d) Bull spread
9) Which of the following has the right to sell an asset at a predetermined price?
a) A call writer b) A put writer c) A put buyer d) A call buyer
10) Which of the following is potentially obligated to sell an asset at a predetermined price?
a) A put buyer b) A call buyer c) A call writer d) A call buyer
11) Put option has the
a) Right b)ethic c )obligation d) Both a & b
12) Option come in
a) sell b)calls c) calls and puts d) puts
13) Option premium price you pay to
a) sell an option b) Buy an option c) Both a & b d None of above
14) A sub-agent is a person employed by and acting under the control of
a) the principle only b) the original agent in the business of agency only c) Set of d) considered
to be his approval
15) Which of this contract has three parties consisting of creditor, principle debtor and surety?
a) Contract of indemnity b) contract of surety c) contract of guarantee d) pledge