A more thorough explanation:

Definition: An American-style option is a type of financial contract that gives the holder the right, but not the obligation, to buy or sell an underlying asset at a predetermined price, at any time before the option's expiration date. This type of option can be exercised at any time during its lifetime, unlike a European-style option which can only be exercised on its expiration date.

Example: Let's say you buy an American-style call option on a stock with a strike price of $50 and an expiration date of December 31st. This means you have the right to buy the stock at $50 per share at any time before December 31st. If the stock price rises to $60 per share before the expiration date, you can exercise your option and buy the stock at the lower price of $50 per share, then sell it for a profit of $10 per share.

This example illustrates how an American-style option gives the holder more flexibility and control over when to exercise their option, compared to a European-style option which can only be exercised on its expiration date.

Definition: The Americans with Disabilities Act (ADA) is a federal law that prohibits discrimination against individuals with disabilities in employment, public services, and public accommodations. A disability is defined as a physical or mental impairment that substantially limits one or more major life activities, such as seeing, hearing, walking, or working.

Example: An example of the ADA in action would be a company providing reasonable accommodations for an employee with a disability, such as providing a sign language interpreter or modifying their work schedule. This ensures that individuals with disabilities have equal opportunities and access to employment.

This example illustrates how the ADA protects individuals with disabilities from discrimination and ensures they have equal access to opportunities and services.