Sylvan, the seller, and Eric, the buyer, have signed an option agreement, which is an offer to purchase a specific piece of real estate without the obligation to buy it. Until Eric exercises his option to buy, only Sylvan is bound by the option agreement; he may not sell the property to anyone else during the option period. What type of contract is this

Answers

Answer 1

Answer:

"Unilateral" would be the right choice.

Explanation:

A contract wherein the assessment would be offered less than by several other party candidates is indeed a unilateral document. In several other sentences, aware of the side effects in one less manner. One such kind of decisionmaker has been begun taking by one of the other factions, government agencies, or regions associated with a specific situation, another without consent of everybody else.

Related Questions

If the Cascade Update Related Records setting is activated, what happens when a change is made to the primary key of the primary table?
a) The Enforce Referential Integrity setting is deactivated.
b) Related records that refer to that primary key are orphaned.
c) A junction table is created to link the table with its related records.
d) Related records that refer to that primary key are edited to match.

Answers

Answer:

D

Explanation:

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