Irrevocable call option. An option contract is an irrevocable offer to do something—frequently to sell or buy an asset—that becomes contractually binding if the holder of the option exercises the option and accepts the offer. The most common forms of options contracts are so-called calls and puts. A call option is an irrevocable offer by the issuer of.

Irrevocable call option

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Irrevocable call option. An option contract, or simply option, is defined as "a promise which meets the requirements for the formation of a contract and limits the promisor's power to revoke an offer." Restatement (Second) of Contracts § 25 (). An option contract is a type of contract that protects an offeree from an offeror's ability to revoke their  ?Introduction · ?Application of option.

Irrevocable call option

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