This topic contains a solution. Click here to go to the answer

Author Question: An option is itself a contract to refrain from revoking an offer. Indicate whether the statement is ... (Read 106 times)

tth

  • Hero Member
  • *****
  • Posts: 579
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
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


raenoj

  • Member
  • Posts: 340
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

For a complete list of videos, visit our video library