What Common Distinguishing Characteristic May Be Attributed to Both an Option

Multiple Choice

What common distinguishing characteristic may be attributed to both an option agreement and a counteroffer?

A) Both can result in a lawsuit for damages if deliberately rejected by the offeror.
B) Both are subject to revocation by the offeror prior to a lapse of a set period of time.
C) Both form a separate contract that may or may not lead to the acceptance of an offer.
D) Both serve to prohibit the lapse of an offer before a set time period has expired.