A firm offer is an offer made in writing by a merchant that will be irrevocable for a period not longer than ________
Question
A firm offer is an offer made in writing by a merchant that will be irrevocable for a period not longer than ________
Solution
Three Months
Similar Questions
Under Uniform Commercial Code (UCC) Section 2-205, offers made by merchants are considered firm offers if the offer: (1) is made in writing; and (2) gives assurance that it will be irrevocable for up to Blank______ despite a lack of consideration for the irrevocability.Multiple choice question.180 daysone year30 daysthree months
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