Which of the Following Events Causes the Purchaser of an Option

question 14

Multiple Choice

Which of the following events causes the purchaser of an option to add the cost of the option to the basis of the property to which the option relates?

• A) The option is exercised.
• B) The option is sold.
• C) The option lapses.
• D) The option is rescinded.
• E) None of the above.

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Definitions:

Web-Based Technologies

Internet-enabled tools and systems that allow users to perform tasks, exchange information, and access services online.

Social Technologies

Digital tools and platforms that enable interaction and collaboration among users.

Sales Process

A series of steps that a sales team takes to move a customer from potential prospect to buyer, often including stages such as outreach, discovery, negotiation, and closing.

Relationship Selling

A sales approach that involves building and maintaining customer trust over a long period of time.