NO.PZ2023040401000023
问题如下：
Which of the following statements best describes a feature of an option contract? In an option contract: (2020 MOCK B AM 104)
选项：
A.
both the long and the short can default.
B.
only the short can default.
C.
only the long can default.
解释：
Only the short can default. This scenario occurs when the long exercises the option and the short fails to fulfill its obligation under the contract.
A is incorrect. Only the short can default. Beyond the initial payment of the premium, there is no further obligation for the long.
C is incorrect. Beyond the initial payment of the premium, there is no further obligation for the long.
我一眼看过去，知道卖方是会违约的，但选项BC的描述有点confuse，C说只有买方能违约，因为买方买了个权利是可以不行权的，所以这不叫“能违约”么？
