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

Author Question: Roberts has the chance to buy three adjacent city lots zoned as "duplex." The most profitable return ... (Read 98 times)

Jkov05

  • Hero Member
  • *****
  • Posts: 556
on: Aug 7, 2021
Roberts has the chance to buy three adjacent city lots zoned as "duplex." The most profitable return would be the building of four townhouses across the three lots, but that would necessitate getting permission from the city, and that procedure takes time. If Roberts buys a 60-day option from the seller of the properties for $400, which of the following is true?
◦ If Roberts does not exercise the option during the option period, she can later force the seller to sell that property to her at that price.
◦ The seller is bound by contract neither to sell the property to any other party nor to revoke the offer within the option period.
◦ If Roberts does not exercise the option, she will get her $400 back because she didn't get what she was bargaining for.
◦ By buying the option, Roberts has bought a period of time during which she must accept the land offer.
◦ The offer for the properties will expire before the end of the designated 60-day period if another person offers a higher price.
Legal Fundamentals for Canadian Business ¦ Yates ¦ 4th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Jkov05 on Aug 7, 2021

Viet Thy

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Aug 7, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 49% of students answer this correctly


Jkov05

  • Member
  • Posts: 556
Reply 2 on: Aug 7, 2021
YES! Correct, THANKS for helping me on my review

skipfourms123

  • Member
  • Posts: 343
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Urinary catheterization. The procedure involves the insertion of a flexible tube, or catheter, throu Urinary catheterization. The procedure involves the insertion of a flexible tube, or catheter, throu
Austin Roberts Austin Roberts
The giant grass hoppers are invading the city! The giant grass hoppers are invading the city!
Venous return to the heart and blood flow to the lungs. Venous return to the heart and blood flow to the lungs.
Mispairing of O6-methylguanine with thymine in a DNA duplex Mispairing of O6-methylguanine with thymine in a DNA duplex
The population of a city has continued to grow since 1950. The population of a city has continued to grow since 1950.
Video: Monohybrid crosses

For a complete list of videos, visit our video library