Which of the following is not true, under UCC Article 2, about a merchant's firm offer:
A) requires a signed writing by the offeror that the offer will remain open for a given period
B) it must be open to all members of the public
C) stays open for a time not to exceed 3 months, if no other period of time is stated in the offer
D) does not require consideration to be irrevocable
E) is irrevocable if stated in writing that it remains open for a given time
Correct Answer:
Verified
Q211: A buyer and a seller would like
Q212: Under the common law, an acceptance cannot
Q213: When terms in contracts conflict, it is
Q214: When terms in contracts conflict, it is
Q215: Under the common law, an acceptance cannot
Q217: Under UCC Article 2, terms regarding payment,
Q218: A buyer and seller have been doing
Q219: A buyer and seller have been doing
Q220: Lisa mailed an offer to sell cotton
Q221: Under UCC Article 2, when there is
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents