Which of the Following Is True About an Option Contract

question 42

Multiple Choice

Which of the following is true about an option contract?

• A)If the offeree chooses not to buy the property then money paid in consideration must be returned.
• B)If money is paid as consideration, then that is not applied to the sale price.
• C)Death or incompetency of either party terminates an option contract.
• D)The offer cannot be revoke during the option period.

Understand the importance of aligning individual and organizational values for meaningful work.

Recognize the impact of generational values on workplace dynamics.

Identify strategies for managing ethical dilemmas in the workplace.

Understand the legal and ethical considerations in corporate behavior.

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Definitions:

Personal Image Designer

A professional who advises individuals on their appearance, style, and public image to enhance personal or professional branding.

Materialism

The importance placed on material possessions, wealth, and physical goods as a basis for happiness and social status.

Value Systems

The set of beliefs and attitudes that shape the behavior and perceptions of individuals or groups, guiding decisions and actions.

Psychographics

Researching and sorting people by their psychological factors, such as hopes and attitudes, mainly used in the field of marketing.