Business Laws Q: What is the ruling regarding the option of placing a condition (i.e. ‘Taking on appro') for the buyer or seller? A: This option is valid for both the buyer and the seller. Q: Is there a limit placed on this? A: The limit of option depends on whatever duration is placed by one of the parties, with the happy consent of the other. Q: Two persons contracted a sale, the seller himself specifies a duration of option, and the … [Read more...]