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Microsoft hires Dilbert for $75,000 a year. As part of his salary, Microsoft will give Dilbert an option topurchase 50 shares of stock at today's
Microsoft hires Dilbert for $75,000 a year. As part of his salary, Microsoft will give Dilbert an option topurchase 50 shares of stock at "today's price, starting in three years." This is
a.
An option contract.
b.
An output contract.
c.
A unilateral contract.
d.
A requirement contra
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