Contracts
In Montana, an option contract gives the optionee (buyer) the right to:
ACompel the seller to accept the price named in any future offer
BPurchase the property at a specified price within a specified time period, but with no obligation to purchase✓ Correct
CReceive a refund of the option consideration if they choose not to exercise
DList the property for sale to other buyers during the option period
Explanation
An option contract in Montana gives the optionee the right—but not the obligation—to purchase the property at a specified price within a set time period. The option consideration is typically non-refundable if the optionee declines to exercise the option.
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