Which is true concerning an option:
A: Title acquired by exercising an option usually dates back to the time of the option and cuts off intervening rights acquired with knowledge of the existence of the option;
B: Only the optionor is bound to a sale;
C: The optionee has no interest or estate in the land;
D: All of the above statements are true.
Answer: D: All of the above statements are true.
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Murphy's Repair has the following outstanding account receivables at the end of the month
The monthly late fee is 1.50% of the outstanding balance at the end of each billing month following the sale (February sales receive a late fee in April if not paid by March 31). Determine the total late fees due for the following. Invoice # Bill Date Customer Original $ Late Fees $ Current Date 6872 6/15/2008 RLO $321.00 9/30/2008 7100 6/25/2008 JBL $417.00 9/30/2008 7469 7/12/2008 DLL $585.00 9/30/2008 A) $19.85 B) $31.08 C) $48.17 D) $0.00
Activists using cooperative private politics organize corporate and market campaigns to advance issues on their agendas
Indicate whether the statement is true or false