An agreement between a buyer and seller giving the buyer the right to purchase a property at a preset price for a given period of time.


a. Mutual consent

b. Unilateral contract

c. Consideration

d. Option

e. Unenforceable contract

D



A "meeting of the minds"


a. Mutual consent

b. Unilateral contract

c. Consideration

d. Option

e. Unenforceable contract

A



A contract that cannot be enforced due to some flaw or other issue in the contract.


a. Mutual consent

b. Unilateral contract

c. Consideration

d. Option

e. Unenforceable contract

E



Something given in exchange for a promise.


a. Mutual consent

b. Unilateral contract

c. Consideration

d. Option

e. Unenforceable contract

C



A contract in which only one party is obligated to perform.


a. Mutual consent

b. Unilateral contract

c. Consideration

d. Option

e. Unenforceable contract

B


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