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you pay $2,000 for a 60 -day option on a business that is offered for sale at 400,000 , which of the following is true?

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you pay $2,000 for a 60 -day option on a business that is offered for sale at 400,000 , which of the following is true? A) You have agreed to accept the offer of the business within the 60-day period B) You have purchased a 60-day period of time within which you may or may not accept the offer C) You have entered into two contracts, one for time and one for the purchase of business D) You have entered into a contract that allows you to get your money back if Which of the following is incorrect with respect to intention to enter into a valid contract? A) Intention is presumed in commercial contracts B) Courts protect reasonable expectations of parties in a contract C) Intention is presumed in family contracts D) Courts apply the reasonable stated intention of the parties in a contract Quantum meruit means: A) A decision to stand on B) What one has earned C) A meeting of the minds D) An agreement with no expectation of payment

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