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.
Eli Whitneyâs invention of the cotton gin in 1793 made cotton cheap enough to use as a staple for textile production. As a result, slavery and the plantation system became fixtures in the American Sou...