Book One: Obligations · Section One: Sources of Obligation · Chapter One: The Contract · Part Four: Pillars, Validity, Options, and Types of a Contract · 1. Option of Stipulation
If the option is stipulated for both contracting parties, and one of them chooses to rescind, the contract shall be rescinded even if the other ratifies. If one chooses to ratify, the other shall retain their option for the duration of the option period.
Interpretation and application must be checked against the official text and current version.
