The Only Thing That the Grantee of an Option May

question 59

True/False

The only thing that the grantee of an option may do with the option is to exercise it or let it expire.

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Definitions:

Haiku Poetry

A form of Japanese poetry characterized by a three-line structure with a syllable pattern of 5-7-5, traditionally focusing on nature and the seasons.

Sesshu Toyo

A prominent Japanese ink painter and Zen monk of the 15th century, known for his landscapes and mastery of ink wash techniques.

Yosa Buson

Yosa Buson was a renowned 18th-century Japanese poet and painter, well-known for his significant contributions to the development of haiku poetry alongside his artistic works.

Muromachi Landscape

Artworks or scenic views associated with the Muromachi period in Japan, marked by Zen influences and simplicity in design.