McqMate
| Q. |
The following statements are correct, except: |
| A. | A right of first refusal is without any consideration; |
| B. | In granting a right of first refusal, the period has yet to be determined at a future time; |
| C. | In granting a right of first refusal, the amount to be paid will be determined at a future time; |
| D. | A right of first refusal must be supported by a consideration in the form of money to be binding. (Vasquez v. CA) |
| Answer» D. A right of first refusal must be supported by a consideration in the form of money to be binding. (Vasquez v. CA) | |
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