Seller's Option Law and Legal Definition
Seller's option refers to the option of a seller of a commodity upon an exchange to deliver the same at any time within a month. It is an option of the vendor in a contract of sale to accept money or something else of equivalent value if offered to him. [Lee Lumber Co. v. Hotard, 122 La. 850, 854-855 (La. 1909)].
Legal Definition list
Related Legal Terms
- Abandonment [Intercountry Adoption]
- Abandonment Option
- Accredited Agency [Adoption]
- Accredited Body [Adoption]
- Accrediting Entity [Adoption]
- Adoption
- Adoption and Foster Care Analysis and Reporting System (AFCARS)
- Adoption and Safe Families Act (ASFA)
- Adoption Assistance and Child Welfare Act of 1980
- Adoption Disruption
