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The Only Things That the Grantee of an Option May

question 92

True/False

The only things that the grantee of an option may do with the option are exercise it or let it expire.


Definitions:

Consequences of Action

The outcomes or results that directly follow from one's actions or decisions, whether intentional or unintended.

Prosocial Behaviour

Voluntary actions intended to help or benefit another individual or group of individuals without expectation of reward.

Normative

Relating to an evaluative standard or norm, often concerning what is normal or expected in society.

Social Obligation

The responsibilities or duties that individuals are expected to fulfill in a society or community.

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