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 96 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
Great answer, keep it coming :)

juliaf

  • Member
  • Posts: 344
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Humpback Whale Skeleton on Display at The Museum of Osteology, Oklahoma City, Oklahoma Humpback Whale Skeleton on Display at The Museum of Osteology, Oklahoma City, Oklahoma
Lymphatic vessels (green) pick up excess tissue fluid, purify it in lymph nodes, and return it to th Lymphatic vessels (green) pick up excess tissue fluid, purify it in lymph nodes, and return it to th
Fuel should be heard returning to the fuel tank at the fuel return line if the fuel-pump and ... Fuel should be heard returning to the fuel tank at the fuel return line if the fuel-pump and ...
Mispairing of O6-methylguanine with thymine in a DNA duplex Mispairing of O6-methylguanine with thymine in a DNA duplex
Members of the British Punitive Expedition to Benin City Members of the British Punitive Expedition to Benin City
Return to the icehouse Return to the icehouse
Video: Bone cells and tissues - tissue composition and cells

For a complete list of videos, visit our video library