This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: An option is itself a contract to refrain from revoking an offer. Indicate whether the statement is ... (Read 107 times)

tth

  • Hero Member
  • *****
  • Posts: 579
on: Jun 24, 2018
An option is itself a contract to refrain from revoking an offer.
  Indicate whether the statement is true or false

Question 2

An option contract is a binding promise to keep an offer open for a stated period of time or until a specified date.
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ndhahbi

  • Sr. Member
  • ****
  • Posts: 390
Reply #1 on: Jun 24, 2018
Answer to Question 1

TRUE

Answer to Question 2

TRUE


tth

  • Member
  • Posts: 579
Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

apple

  • Member
  • Posts: 352
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

The conduction system of the heart; traces the path of the electrical impulse that stimulates the he The conduction system of the heart; traces the path of the electrical impulse that stimulates the he
In countries where water can be contaminated, breastfeeding is an important option for the health of ... In countries where water can be contaminated, breastfeeding is an important option for the health of ...
Example of Reconciling a Bank Statement Example of Reconciling a Bank Statement
Example of Reconciling a Bank Statement Cont. Example of Reconciling a Bank Statement Cont.
The offspring of the microchip—from computers to cell phones—offer access to vast information ... The offspring of the microchip—from computers to cell phones—offer access to vast information ...
Henrik, a Canadian hockey player, agreed to a contract where he was to receive S30,OOO 00 in 3 ... Henrik, a Canadian hockey player, agreed to a contract where he was to receive S30,OOO 00 in 3 ...
Video: Barriers - eye structures, digestive mucosa, respiratory mucosa & genitourinary mucosa

For a complete list of videos, visit our video library