ContractsCâu 57 / 100
An option contract gives the optionee:
a.An obligation to purchase the property
b.The right to lease only
c.Immediate ownership of the property
d.The right, but not the obligation, to buy within a set period
Giải thích
An option contract grants the optionee the right to buy the property at agreed terms within a specified time, without any obligation to do so. The optionor (owner) must keep the offer open in exchange for consideration. If the option is not exercised, it simply expires.
Luyện miễn phí toàn bộ 100 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
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