The Only Things That the Grantee of an Option May

question 39

True/False

The only things that the grantee of an option may do with an option are to exercise it or sell or to exchange it.

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Definitions:

Brain

The organ located in the head of an animal that coordinates its behavior and processes sensory information; it's the center of the nervous system in humans and other vertebrates.

Information

Data, knowledge, or details that are provided or learned about something or someone.

Culture

The collective beliefs, practices, traditions, art, history, folklore, and societal structures belonging to a community of individuals.

Business

The practice of engaging in commercial, industrial, or professional activities with the aim of generating revenue and profit.