In order for the firm offer rule to be valid,which of the following must occur?
A) A merchant must offer to buy, sell or lease goods.
B) A merchant must give an oral assurance that the offer will not be revoked.
C) A merchant must offer to buy, sell or lease goods and provide an oral assurance that the offer will not be revoked.
D) A merchant must offer to buy, sell or lease goods and provide a written assurance that the offer will not be revoked.
E) A merchant or non-merchant must offer to buy, sell or lease goods and provide a written assurance that the offer will not be revoked.
Correct Answer:
Verified
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