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Lucy offers to sell commercial property to XYZ Group for $1 million. In January, XYZ pays Lucy $10,000 in exchange for her agreement to hold

Lucy offers to sell commercial property to XYZ Group for $1 million. In January, XYZ pays Lucy $10,000 in exchange for her agreement to hold the offer open for ten months. Lucy dies in February. Can XYZ still buy the property? Question 16 options: No, because death terminates contracts. No, because this was an option contract. Yes, they can buy any time because her offer is irrevocable Yes, because her offer is irrevocable but they can buy only within the ten-month period

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