What is the essential difference between a call option and, Financial Management

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What is the essential difference between a call option and

What is the essential difference between a call option and a put option?

A) A call option transaction occurs now, while a put option transaction takes place in the future.

B) An call option transaction is the right to purchase the underlying asset, while a put option is the right to sell the underlying asset.

C) An call option transaction deals with financial assets, while a put option transaction deals with commodities.

D) An call option transaction is not standardized, while put option transaction is standardized.

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