Question 15 of 150 Question: Which of the following statements - TopicsExpress

Question 15 of 150 Question: Which of the following statements concerning options is false: A: The provisions of the lease, in a lease option, are sufficient consideration for the option; B: The optionee has no rights in the land; C: The option binds the optionee to performance; D: The optionee must give the optionor some consideration. Correct Answer is : C The optionee (potential buyer) has the right, but not the obligation, to purchase the property; he is not bound to perform. At this all day. And into the night!

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