answersLogoWhite

0

An option contract can be enforced by the parties involved in the contract, typically the buyer and the seller. If there is a dispute, the parties may seek legal recourse through the court system to enforce the terms of the contract.

User Avatar

AnswerBot

6mo ago

What else can I help you with?

Related Questions

What happens to the land which the land owner sells by excuting a special power of attorney with sale consideration given to the purchaser. Can the purchaser claim the title?

If the proposed purchaser has an enforceable contract they can file a lawsuit to enforce the contract.If the proposed purchaser has an enforceable contract they can file a lawsuit to enforce the contract.If the proposed purchaser has an enforceable contract they can file a lawsuit to enforce the contract.If the proposed purchaser has an enforceable contract they can file a lawsuit to enforce the contract.


Who can enforce the contract?

The Executive branch can.


Is a contract valid if the signee is not authorised to sign contracts?

It may be possible to enforce the contract. If the party can show that they saw the individual as an agent of the other party, the courts will often enforce it.


Can a dealership break contract?

Of course anyone can break a contract. That is what the courts are for. They will enforce the contract as it was written unless there is some mitigating factors.


What is an option year in the nba?

Option year, two types: Player or Team. Player option: year that player has the option to continue with his contract and play that year for that team on the current contract. team option: team has the option to keep its current player with the current contract for that year.


Does at t wireless offer a no contract option for coverage?

ATT wireless does offer a no contract option for coverage. It is called "Go Phone". With this option you pay a monthly fee with no annual contract.


Can a contract signed by an under age person be annulled?

Yes. Courts do not enforce Contracts on Minors. If a minor enters into a contract then such contract is voidable.


Can you enforce a contract without term of duration?

Yes,because there is specified time for each of contract in the book of law


When do you receive option premium?

You receive option premium when you sell an option contract to another investor. The premium is the amount of money you receive upfront for taking on the obligation of the option contract.


Difference between put option and call option?

The holder/purchaser/owner of a call option contract has the right to buy an asset (or call the asset away) from a writer/seller of a call option contract at the pre-determined contract or strike price. The holder/purchaser/owner of a call option contract expects the price of the underlying asset to rise during the term or duration of the call contract, for as the value of the underlying asset increases so does the value of the call option contract. Conversely, the write/seller of a call option contract expects the price of the underlying asset to remain stable or to decline. The holder/purchaser/owner of a put option contract has the right to sell an asset (or put the asset) to a writer/seller of a put option contract at the pre-determined contract or strike price. The holder/purchaser/owner of a put option contract expects the price of the underlying asset to decline during the term or duration of the put contract, for as the value of the underlying asset declines the contract value increases. Conversely, the writer/seller of a put option contract expects the price of the underlying asset to remain stable or to rise.


What type of contract do both parties have the option to avoid their contractual obligations?

what type of contract do both parties have the option to avoid their contractual obligations what type of contract do both parties have the option to avoid their contractual obligations


When does the contract for LeBron James run out?

Lebron James contract runs out in late 2011. He does have the option to stay another year but that option is all up to him, and to him that option is "to-be-determined."