A[n] _______ Is Where the Offeror Agrees to Hold an Offer

question 27

Multiple Choice

A[n] _______ is where the offeror agrees to hold an offer open and not to enter into a contract with another party for a certain period of time in exchange for consideration.

• A) a divisible contract
• B) option contract
• C) a severable contract
• D) a voidable contract

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Definitions:

Ovulating

The phase in the female menstrual cycle when an ovary releases an egg, making it possible for fertilization.

Reciprocity Liking

The tendency to develop positive feelings for individuals who show that they like or appreciate us.

Mutual Friend

A person who has an established friendship with two or more individuals, potentially serving as a social link or intermediary between them.

Biologically-Based Standards

Guidelines or criteria that are grounded in biological characteristics or processes.