Multiple Choice
A[n] _______ is where the offeror agrees to hold an offer open and not to enter into a contract with another party for a certain period of time in exchange for consideration.
A) a divisible contract
B) option contract
C) a severable contract
D) a voidable contract
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q22: A contract for installing a new furnace
Q23: A unilateral contract is formed by an
Q24: An offer of a reward,if it is
Q25: Each contract should cover a singular promise,and
Q26: In lawsuits that involve both goods and
Q28: Void contracts are seemingly valid contracts that
Q29: Something of value that is exchanged as
Q30: Mike is walking through a parking lot
Q31: Justin is 17 years old and just
Q32: Express contracts arise from the parties' conduct.