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Taylor and Michael are agents working for Juarez Real Estate Brokers last September 2018 when...

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Accounting

Taylor and Michael are agents working for Juarez Real Estate Brokers last September 2018 when one of Jessicas clients became interested in Michaels listing. The two write up an option agreement and purchase contract per the terms of their respective clients with the option expiring December 31st, 2020. Due to a wildfire, real estate prices have risen substantially. Describe this arrangement for Juarezs agency? What is likely to be Taylors clients action?

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