Question: Option Contracts In this section, you learned about option contracts, which are not empty bags but enforceable contracts. What makes an option contract legally enforceable?

Option Contracts In this section, you learned about option contracts, which are not empty bags but enforceable contracts. What makes an option contract legally enforceable? That is, what are the characteristics of an option contract that differentiate it from an unenforceable promise? Write a small paragraph identifying a few key characteristics of option contracts. When you comment on your peers responses, make sure to point out any characteristics that you think they have omitted.

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