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 91 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

amandanbreshears

  • Member
  • Posts: 320
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Lymphatic vessels pick up excess tissue fluid, purify it in the lymph nodes, and then return it to t Lymphatic vessels pick up excess tissue fluid, purify it in the lymph nodes, and then return it to t
Working and Living and Playing in the City Dump of Phnom Penh, Cambodia Working and Living and Playing in the City Dump of Phnom Penh, Cambodia
Mobilize neck in wavelike motion. Return the head to a neutral position facing upward. Apply ... Mobilize neck in wavelike motion. Return the head to a neutral position facing upward. Apply ...
Polyamines for cell proliferation because of their roles in stabilizing duplex DNA structure Polyamines for cell proliferation because of their roles in stabilizing duplex DNA structure
The tetravalent synaptic structure and alternate and adjacent chromosome The tetravalent synaptic structure and alternate and adjacent chromosome
Video: Mechanisms for chromosome movement Animation

For a complete list of videos, visit our video library