A seller can revoke an option at any time so long as there is proper notification

Indicate whether the statement is true or false

False

Business

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_______________: Seeking Value

Fill in the blank(s) with the appropriate word(s).

Business

Joe enters into a contract with Martha to set fire to her house so she can collect on her insurance policy. Martha will pay Joe a portion of the insurance proceeds for his trouble. Which of the following parts of a valid contract is missing in this situation?

A. Competent parties B. Consideration C. Legal purpose D. Offer & acceptance

Business