The Option to Purchase. An option to purchase grants the tenant an option (right) to buy the rental property within a specified period of time in exchange for a fee (option fee), that is usually paid up front, and/or in the form of a higher-than-market rent (some of which is applied to the house purchase).
Most of the cotton grown around the world before 1793, when Eli Whitney's simple yet effective cotton gin became widely available, was long-staple cotton (Gossypium barbadense), which grows best along tropical or subtropical coastlines.ost of the cotton grown around the world before 1793, when Eli Whitney's simple yet effective cotton gin became widely available, was long-staple cotton (Gossypium barbadense), which grows best along tropical or subtropical coastlines.
Background: The cotton gin is a machine designed to remove cotton from its seeds. The process uses a small screen and pulling hooks to force the cotton through the screen. It was invented by Eli Whitney on March 14, 1794, one of the many inventions that occurred during the American Industrial Revolution.ackground: The cotton gin is a machine designed to remove cotton from its seeds. The process uses a small screen and pulling hooks to force the cotton through the screen. It was invented by Eli Whitney on March 14, 1794, one of the many inventions that occurred during the American Industrial Revolution.