Question: fat contract law, explain what an 'option' is . What is the utility and / or benefit of these for business and business decision making?

fat contract law, explain what an 'option' is. What is the utility and/or benefit of these for business and business decision making? Provide an example of how this could work favourably in a business context.
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 fat contract law, explain what an 'option' is. What is the

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