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What is an option contract?
Question
Asked 1/29/2013 8:29:28 PM
Updated 6/6/2016 7:02:38 PM
1 Answer/Comment
This conversation has been flagged as incorrect.
Edited by yumdrea [6/6/2016 7:02:38 PM]
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User: What is an option contract?

Weegy: A contract is an agreement entered into voluntarily by two parties or more with the intention of creating a legal obligation, which may have elements in writing.
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Question
Asked 1/29/2013 8:29:28 PM
Updated 6/6/2016 7:02:38 PM
1 Answer/Comment
This conversation has been flagged as incorrect.
Edited by yumdrea [6/6/2016 7:02:38 PM]
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An options contract is an agreement between a buyer and seller that gives the purchaser of the option the right to buy or sell a particular asset at a later date at an agreed upon price.
Added 6/6/2016 4:42:25 PM
This answer has been confirmed as correct and helpful.
Confirmed by yumdrea [6/6/2016 7:02:39 PM]
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