An Agreement That Involves an Option to Buy Real Property

question 49

True/False

An agreement that involves an option to buy real property need not be in writing for the option to be enforced.

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Definitions:

Moral Guidelines

Principles or rules of conduct based on ethical considerations and societal norms that inform decisions and actions.

Ethics

A set of moral guidelines and principles that influence our behaviors and interactions.

Behaviors

Actions or reactions of a person or system, often in response to the environment or stimuli.

Misappropriation

The unauthorized use of another's name, likeness, or personal information for personal gain.