[Solved] A leased his house and lot to B with “option to renew.” How will the contract be renewed?

Q.	A leased his house and lot to B with “option to renew.” How will the contract be renewed?
A.	At the option of B;
B.	At the option of A;
C.	Automatically;
D.	Upon agreement of A and B as it must be interpreted to be reciprocal in character where the renewal is subject to agreement of the parties.
Answer» D. Upon agreement of A and B as it must be interpreted to be reciprocal in character where the renewal is subject to agreement of the parties.

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