{"version":"1.0","type":"link","title":"Option contract - Newikis","description":"An option contract, or simply option, is defined as \"a promise which meets the requirements for the formation of a contract and limits the promisor's power to revoke an offer\". Option contracts are common in relation to property (see below) and in professional sports.","provider_name":"Newikis","provider_url":"https://newikis.com","cache_age":86400}