ANSWER THE QUESTIONS (5 pts each) i. Leni leased a house and lot to BBM. BBM used the subject property as his residence and place of business. Leni and BBM allegedly entered into a contract of Lease with Option to Purchase involving the subject property. The contract purportedly afforded BBM, before the expiration of the three-year lease period, the option to purchase the subject property for a price not exceeding Pi.5M. Before the expiration of the three-year lease period provided in the lease contract, X exercised his option to purchase the subject property by communicating verbally and in writing to Leni his willingness to pay the agreed purchase price, but Leni supposedly ignored X. In a letter to BBM, Leni demanded that he pay his rental arrears and vacate the subject property since it would be needed by Leni to make lugaw. Is there an option contract