extensive advertising Mary Presents two offers to the Jones Company. One offer is from an oil company who wishes to extract oil below the land surface and the second is from a farmer who wishes to graze cattle. Both are without contingencies. The most profitable recommendation that broker Mary can make to the Jones Company is that they:   A. accept both offers, since separate entities can enter into separate leases. B. accept neither offer and

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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The Jones company lists raw land for lease with broker Mary. After extensive advertising Mary Presents two offers to the Jones Company. One offer is from an oil company who wishes to extract oil below the land surface and the second is from a farmer who wishes to graze cattle. Both are without contingencies. The most profitable recommendation that broker Mary can make to the Jones Company is that they:

 

A. accept both offers, since separate entities can enter into separate leases.

B. accept neither offer and continue to market the property for a better user.

C. accept the farmers lease offer since the oil company will be disruptive to the land.

D. accept the oil company mineral rights lease offer since they are very financially stable. 

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