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.
The cotton gin is a machine that separates cotton seeds from cotton fiber. Invented by Eli Whitney in 1793, it was an important invention because it dramatically reduced the amount of time it took to separate cotton seeds from cotton fiber.he cotton gin was a revolutionary device invented by Eli Whitney in 1793. It efficiently separated seeds from cotton fiber, allowing users to produce up to 50 pounds of lint a day. The invention of the cotton gin had profound implications: it allowed cotton to become the dominant cash crop in the South.