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    Exam 10: Agreement and Consideration
  5. Question
    An Option Contract Is Formed When an Offeree Prevents the Offeror
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An Option Contract Is Formed When an Offeree Prevents the Offeror

Question 86

Question 86

True/False

An option contract is formed when an offeree prevents the offeror form revoking his or her offer by paying the offeror compensation to keep the offer open for an agreed-upon period of time.

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