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1.A Put-Buy is the selling the right to buy the underlying item from you at the strike price until the expiration date. Known as writing a call.

A.true

B.True

2.A Call Option is a right (not obligation) to purchase a stock at a predetermined price (exercise/strike price) before or on the date specified (maturity date).

A.True

B.False

3.Trade-in allowance is the current market value offered by the vendor to establish salvage value on the cash flow statement.

A.True

B.False