A prospective purchaser obtained a four-month option on a parcel of real property by paying $200 to the owner. All of the following are true EXCEPT
A. the optionee has created a legal interest in the property.
B. the optionor is totally restricted by having received a "valuable" consideration.
C. the agreement imposes no obligation on the optionee to purchase the property.
D. a unilateral contract has been created.
Answer: A. the optionee has created a legal interest in the property.
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