Option, from Latin optio, is the faculty or Liberty to choose. For instance: “I have no choice, I must leave the house and look for a new home”, “Fortunately I have several options and I am in no rush to make the decision”, “One option would be to apply for a loan and travel this month”.
The term option is used both to refer to the power to choose as to the own choice already each of the possibilities that are taken into account: “Among everything you propose to me, I take the first option; I think it is the most convenient “, “They told me that I have the option of extending the guarantee through a small payment, right?”.
One option is also the right to choose between two or more things, based on a legal precept or legal business. For the economy, on the other hand, the option is the right to sell or buy something in the term and price that was previously agreed.
It is known as financial option to the contract that the straight (and not the obligation) to buy or sell goods and securities at a predetermined price until a certain date.
There are different types of financial options. The two most prominent are:
* the call option: obliges the seller to dispose of the asset in the event that the buyer makes use of his right to purchase;
* the put option: obliges the buyer to get hold of the asset if the seller decides to exercise his right to sale.
On the other hand, the American, European, Bermuda, barrier and digital options can be mentioned.
The exams Multiple-choice options are widely used by academic institutions of various levels, from primary schools to universities, probably due to the great ease they offer teachers when correcting them. Basically, they consist of a series of questions that include two or more possible answers, which students must study carefully to choose the correct one.
In general, especially in the school environment, students tend to prefer this type of assessment over open-ended questions, since the lucky It can be of great help to them in the face of topics that they have not studied responsibly. However, many do not know that if they rely entirely on chance, it can turn against them and generate a total of incorrect answers.
This type of exam speaks a lot about the attitude human beings faced with a series of options, and the picture is not exactly one of which we could be proud. Why do we choose the escalator over the traditional ones, or a movie instead of the original book, or bought food instead of taking the time to prepare it with our own hands?
We are, without a doubt, a very particular species, the only one capable of attacking itself, of judging others and placing them below the level. intellectual, to exploit without measure the resources of the planet and to reproduce without limits or consideration for the environment, among other disastrous characteristics that only foolishness can deny.
When we are presented with several options, there are many factors to analyze before making a decision, and it is through the study of those factors that our attitudes can be understood. Returning to the example of tests with multiple answers, if a person decides not to study after knowing that the evaluation will be of this type, he will surely weigh the consequences (both negative and positive) of each way; It is as interesting as it is alarming, therefore, that knowing less and risking failing seems more tempting than expanding your knowledge and ensuring a better academic future.