The hypo-topology on the algebra C(X) of real-valued continuous functions defined on a Tychonoff space 2X f ∈ C(X) with its hypograph, hypof = {(x,t) ∈ X x R:f(x) ≥ t}. This topology is very useful in the calculus of variations and in optimization theory (e.g. Maximization problems). We denote C(X) with the hypo-topology by Ch(X). Our study deals with fundamental properties of these function spaces, and with the linear operators on them and as well as the characterization of the topological properties of Ch(X) in terms of topological properties of the base space X. We are studying the linear operator between the functional algebras Ch(X) and the Ch(Y). We are primarily concerned with the continuity of the evaluation functional, the general evaluation and the continuity of the characters of Ch(X) before the investigation of the properties of the dual operator f* of a continuous function f:X→Y. This operator is defined by f*:Ch (Y)→Ch (X), where f*(g)=gof for all g ∈ C(Y). The continuity of f* enables us to characterize the continuity of an algebra homomorphism of the type φ:Ch (Y)→Ch (X) for a realcompact space Y. For such a space, we present a type of Riesz theorm with states that an algebra homomorphism φ: Ch(Y)→Ch(X) is continuous if and only if there exists a unique hypo-function f: X→Y such that φ = f*. There after, we give the equivalence between the properties of f and those of f*. The study of the continuous linear functional on Ch(X) helps us to compute the topological dual space of this algebra. We show here that this dual space is useful only when the set of isolated points of X is dense.