A1. Tomatoes originated from the Andes, in what is now called Peru, Bolivia, Chile and Ecuador-where they grew wild. They were first cultivated by the Aztecs and Incas as early as 700 AD. Q2.
The Rights, as enumerated hereunder, it may be noted, are usually there to ensure that, if the boundary has been scored, they can take advantage of the same. Right of First Refusal in a shareholderâ¢s agreement provides the grantee with a contingent option to purchase an asset if the grantor elects to sell the shares[2].
8 close corporation a right of first refusal on any sale of shares by the shareholders. Generally, the right of first refusal is granted as one element of a larger transaction -- in my first example the right of first refusal was incidental to the lease of property. It is conceivable, however, that parties might contract solely for the grant of the right of first refusal.