In an Option Contract,_____

question 43

Multiple Choice

In an option contract,_____.

• A) a separate contract for the limited purpose of holding the offer open is created
• B) the offeree is bound to accept the offer
• C) a joint contract is created for the limited purpose of keeping the offer open
• D) the offeree has purchased the right to accept within the stated period

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Definitions:

Growth Hormone

A peptide hormone that stimulates growth, cell reproduction, and cell regeneration in humans and other animals.

Triiodothyronine

A thyroid hormone, also known as T3, that plays an important role in the body's control of metabolism.

Anterior Pituitary

A part of the pituitary gland responsible for releasing hormones that regulate various bodily functions, including growth, metabolism, and reproduction.

Hypothalamus

A region of the brain responsible for the regulation of certain metabolic processes and other activities of the autonomic nervous system.