Under an option agreement the optionee:
A. Is obligated to purchase the property at the fixed price.
B. Must pay the optionor valuable consideration.
C. Will take possession of the property.
D. Must include a down payment.
Answer: B. Must pay the optionor valuable consideration.
Business
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What is the election cycle?
A. It is the two-year period between state elections. B. It is the time period between the declaration of the election date to the campaigning. C. It is the two-year period between federal elections. D. It is the time period between casting the ballot to the declaration of the results.
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Explain whether the historical evidence supports the use of a normal model or a lognormal model
What will be an ideal response?
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