Examlex
Reserve requirements are set by
Offeree
A person or entity to whom an offer is made, which they can either accept or reject.
Offeror
The individual or party that presents a proposal or contract to another party for acceptance.
Reject
To refuse to accept, submit to, believe, or make use of.
Option Contract
A contract granting an individual the right, but not the obligation, to buy or sell an asset at a future date at an agreed-upon price.
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