Legal Question in Business Law in Maryland
Option to purchase stock
must both the optionor and opionee sign in the execution of the option
Asked on 2/01/07, 4:29 pm
1 Answer from Attorneys
Johm Smith
tom's
Re: Option to purchase stock
Generally, and option is an offer by the offeror/optionor to do something or allow something to happen and the offeree/optionee has a specified period of time in which to accept the option. So the offeror/optionor would sign to make the option and the offeree/optionee would sign or act to accept the option. But your particular option contract may require both parties to sign.
Answered on 2/02/07, 10:50 am
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