Multiple Choice
If Anna Laura, in return for the payment of $200 to her by Catherine, gives Catherine an option to buy Achraji, a prime Arabian mare, at any time within the next 14 days at a price of $50,000, Anna Laura's offer to Catherine is:
A) a revocable option contract.
B) an irrevocable output contract.
C) irrevocable for the 14 days covered by the option.
D) a requirements contract.
Correct Answer:

Verified
Correct Answer:
Verified
Q73: An auctioneer is the offeror and a
Q74: Both the Code and the Restatement provide
Q75: If Megan intends to offer and believes
Q76: Ron offers to sell Pete his stamp
Q77: Assume an offeree mails a rejection to
Q79: A standard determined in terms of the
Q80: Which of the following is not a
Q81: In order to form a contract, the
Q82: Bart sends Carla an offer by express
Q83: If no time is stated, an offer