Which of the Following Statements About an Option Is Not

question 11

Multiple Choice

Which of the following statements about an option is not true?

• A)An option agreement must be written and can only be valid for up to 12 months.
• B)An option can be described as 'a contract before a contract'.
• C)An owner of property who enters an option agreement to sell it is legally bound by the agreement.
• D)An owner of property who enters an option agreement usually agrees to sell it at an agreed price in an agreed period of time.

Understand the role of media as both a producer and distributor of content and its impact on culture.

Critique the role of media as a socializing agent and its effects on children and society.

Discuss the implications of new media technologies on interpersonal relations and societal norms.

Understand the concept of media literacy and its significance.

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Definitions:

Legal Error

A mistake in the application or interpretation of the law, which can be grounds for appealing a court decision.

Proceedings

A sequence of legal steps or actions taken to achieve a judicial decision.

Administrative Tribunal

An administrative tribunal is a government body responsible for resolving disputes, making decisions on regulatory or administrative matters, often in specialized areas such as labor, immigration, or social services.

Charter Supervision

The regulation and oversight of organizations or bodies by a chartering authority to ensure compliance with standards and laws.