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Melinda Is Considering Opening a Fast-Food Business Across the Street

Question 51

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Melinda is considering opening a fast-food business across the street near a university campus.Melinda needs to secure $100,000 in loans to open her business.The owner of the land promises her that she has two months to accept his offer of $50,000 for the land.Discuss how Melinda can ensure that the owner does not sell the land to another buyer.

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The owner has offered to hold his offer ...

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