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    Law for Business Study Set 2
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    Exam 10: Creating a Contract: Offers
  5. Question
    An Option Contract Is Created When the Offeree Gives the Offeror
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An Option Contract Is Created When the Offeree Gives the Offeror

Question 36

Question 36

True/False

An option contract is created when the offeree gives the offeror something of value in exchange for a promise not to revoke the offer for a stated period of time.

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