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Scrutinize the limitations on the use of contract options. Find out the merits and demerits for a 10-year contract option versus a two-year contract.

Find out the factors to consider when setting contract options. Choose a field which you are interested in and make a list of main factors to consider when finding out contract options specific to that field. Develop an argument for one of the criterion you give on your list. 

Business Law & Ethics, Finance

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