What is the term for the right to buy a certain number of shares of a company's stock at a particular price?
A)stock option
B)cash compensation
C)stock-based compensation
D)perquisite

Question

Quizplus · Accepted Answer

A stock option is the right, but not the obligation, to purchase a certain number of shares of a company's stock at a particular price (the exercise price) during a specified time period. Stock options are often used as a form of employee compensation.

What Is the Term for the Right to Buy a Certain