Question: Which statement best describes an option contract in which the terms of the option were performed and valuable consideration was paid? a. It is a

Which statement best describes an option contract in which the terms of the option were performed and valuable consideration was paid?

a. It is a bilateral contract.

b. The contract must be in writing and signed to be enforceable.

c. It is not assignable, unless stated in the terms of agreement.

d. The contract is voidable by either party.

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