A firm offer must be ________.
A)oral and indefinitely revocable
B)oral and irrevocable for up to one year
C)in writing and indefinitely revocable
D)in writing and irrevocable for up to three months
E)in writing and irrevocable for up to one year

Question

Quizplus · Accepted Answer

Under Uniform Commercial Code Section 2-205,offers made by merchants are considered firm offers if the offer is made in writing and gives assurances that it will be irrevocable for up to three months despite a lack of consideration for the irrevocability.

A Firm Offer Must Be ________