An Option Contract Does Not Preclude the Landowner from Selling

question 23

True/False

An option contract does not preclude the landowner from selling the property to someone else after the expiration date.

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Definitions:

Employee Needs

The requirements or desires of workers, including physiological, safety, social, esteem, and self-actualization needs, that influence motivation and job satisfaction.

Instrumentality

The perception that a particular level of performance will result in the attainment of desired outcomes or rewards.

Work-related Outcomes

Consequences or results that arise in a professional environment, impacting employee performance, satisfaction, or company achievements.

Successful Performance

Denotes achieving or exceeding the set goals, objectives, or standards in a given task, project, or organizational achievement, often measured against predetermined benchmarks.