C. A Novation
In contract law, a novation is the cancellation of one contract and replacing it with another contract.
A
Explanation:
using the internet and the process of elimination, A is your answer
Answer:
True
Explanation:
Stockholders' preemptive rights are set by a contract clause that establishes that in case the corporation issues new stock, then a current shareholder must be given the right to buy additional shares before the stocks are sold to other investors.
The preemptive right usually gives the stockholder the right to buy new stock in the same proportion as his/her current stock ownership. For example, if an investor currently owns 2% of the company's stock, he/she will be able to buy 2% of every new set of stocks issued.
Answer:
Option D is correct option.
<u>Short call and long put</u>
Explanation:
Short call and long put = - max (S - K, 0) + max (K - S, 0);
As S declines, the payoff from long put position improves. As S increases, payoff from short call position loses money. This option satisfies the condition put in the question.
It refereed to as breaking the glass cliff BECAUSE THE CHANCE OF ANY LEADER FALLING IN SUCH A POSITION IS HIGHER. The probability of falling and failing in an higher position during a crisis is very high and that is why it is described as 'breaking the glass cliff'. The glass cliff refers to the phenomenon of women been more likely to rise to positions of organisational leadership and to succeed in the position during crisis than in the time of peace.
