Question: Darius pays Henry $ 2 0 0 for the right to be the only buyer Henry will deal with for ten days for a piece

Darius pays Henry $200 for the right to be the only buyer Henry will deal with for ten days for a piece of property that is for sale for $250,000. This is:
a. called a terminable contract.
b. called an option contract.
c. called a revocable contract.
d. not a contract because the consideration is not relevant to the value of the property.
Darius pays Henry $200 for the right to be the only

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