Mary is selling her house for $100,000 and Felipe,who is expecting an inheritance soon,wants to have the option to buy it next month at that price.Felipe gives Mary a $1,000 deposit in exchange for Mary's promise that he can buy the house next month at $100,000 if he gets his inheritance.Mary and Felipe:

Question

Quizplus · Accepted Answer

A)An offeree who wishes to ensure that an offer will in fact be held open for a set
period of time may do so by entering into an option contract with the offeror.
B)An offeree who wishes to ensure that an offer will in fact be held open for a set period of time may do so by entering into an option contract with the offeror.
C)An offeree who wishes to ensure that an offer will in fact be held open for a set period of time may do so by entering into an option contract with the offeror.
D)An offeree who wishes to ensure that an offer will in fact be held open for a set period of time may do so by entering into an option contract with the offeror.
E)An offeree who wishes to ensure that an offer will in fact be held open for a set period of time may do so by entering into an option contract with the offeror.

Mary Is Selling Her House for $100,000 and Felipe,who Is