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[Title] => Option money
[Summary] => In sales negotiation the buyer could not sometimes make up his mind right away on whether or not to buy the thing offered for sale. If the seller gives the prospective buyer time to make up his mind, the buyer usually gives what is called option money. Option money is an amount distinct from the purchase price, in order to secure for the buyer the opportunity to make up his mind. Once it is put up, the seller cannot dispose of the thing during the time agreed upon, otherwise the seller can be sued for damages.
[DatePublished] => 2005-02-09 00:00:00
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[AuthorName] => Jose C. Sison
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[Title] => Option money
[Summary] => In sales negotiation the buyer could not sometimes make up his mind right away on whether or not to buy the thing offered for sale. If the seller gives the prospective buyer time to make up his mind, the buyer usually gives what is called option money. Option money is an amount distinct from the purchase price, in order to secure for the buyer the opportunity to make up his mind. Once it is put up, the seller cannot dispose of the thing during the time agreed upon, otherwise the seller can be sued for damages.
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abtest
By A LAW EACH DAY (KEEPS TROUBLE AWAY) | By Jose C. Sison | February 9, 2005 - 12:00am
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