Mary is selling her house for $$300,000$ and Felipe, who is expecting an inheritance soon, wants to have the option to buy it next month at that price. Felipe gives Mary a $$3,000$ deposit in exchange for Mary$$s promise that he can buy the house next month for $$300,000$ if he receives his inheritance. Which of the following is correct regarding the contractual relationship of Mary and Felipe?

Multiple Choice

They have an adhesion contract.

They do not have a contract because Felipe has not yet received his inheritance.

They have a sale$-$or$-$return contract.

They have an option contract.

They do not have a contract because Felipe has not actually promised to purchase the house.