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quester [9]
3 years ago
8

Your 15-year-old brother comes home with the great news that he has decided to buy his first car and has just agreed to give $10

,000 to a complete stranger. he signed the contract and just needs to pay the stranger and pick up the car. your dad is upset and calls the stranger to tell him your brother will not be buying the car. the stranger can:
Business
1 answer:
PSYCHO15rus [73]3 years ago
8 0

In this case the stranger should disregard the contract.

The key piece of information in this question is that the purchaser is only fifteen years old. In order to enter into a contract both parties must be 18 years old. Since the signer in this case is not 18 the contract is not valid.

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Answer:

C. Sell a straddle

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a short straddle involves simultaneously selling a put option and call option with the same underlying asset, same exercise price and expiration date

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Thus the total premium income of selling a straddle is $7

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