PVL 3702 ASSIGNMENT 2
Johns Hopkins University
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PVL 3702 ASSIGNMENT 2
- Exam (elaborations) • 3 pages • 2021
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Question 1- 2
Y and Z reach an agreement that should Y sell his leather couch, he (Y) will
offer to sell it to Z first, before making an offer to sell the couch to any other
person. Which statement is CORRECT?
1 Y and Z concluded an option contract. 2 Y and Z concluded a pre-emption contract. 3 Y and Z concluded neither an option contract nor a pre-emption contract. 4 Y and Z concluded an option contract and a pre-emption contract. 5 Y and Z concluded a contract subject to a resolutive condi...
Exam (elaborations)
PVL 3702 ASSIGNMENT 2
Last document update:
ago
Question 1- 2 Y and Z reach an agreement that should Y sell his leather couch, he (Y) will offer to sell it to Z first, before making an offer to sell the couch to any other person. Which statement is CORRECT? 1 Y and Z concluded an option contract. 2 Y and Z concluded a pre-emption contract. 3 Y and Z concluded neither an option contract nor a pre-emption contract. 4 Y and Z concluded an option contract and a pre-emption contract. 5 Y and Z concluded a contract subject to a resolutive condi...
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