The amount of the option fee need to be on amount agreed to by the parties in order to be legally binding.
<h3>What is a lease agreement?</h3>
A lease agreement is a legal arrangement whereby a person give another person the right to possess the land for use in return for a periodic compensation.
However, the lease agreement can lead to permanent purchase, based on the agreement of the lease.
In conclusion, the amount of the option fee need to be on amount agreed to by the parties in order to be legally binding.
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Answer:
The correct answer is letter "A": sociocultural factors.
Explanation:
Sociocultural factors represent the behavior of societies in different matters and how they can affect individuals. They are mainly driven by the difference among people in the same community and how they interact. Those factors could be <em>religion, ethnicity, </em>and <em>culture</em> to mention a few.
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They would receive a 2 point moving violation.
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There are 6 requirements for a verbal contract:
An offer. -- they had this
An acceptance. -- the contract was accepted
Competent parties who have the legal capacity to contract. - they both have the right to make this decision
Lawful subject matter. this is not an illegal operation
Mutuality of obligation. Both parties are obligated to do something in this case.
Consideration. if there were discussions of payment, then yes this is a legally enforceable contract.
Answer:
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