Which of the following is true relating to a "firm offer" under the UCC?
A) It can be made only by a merchant.
B) It must be in writing and signed by the merchant.
C) It may provide that the offer remain open for any period of time up to 4 months.
D) A,B,and C are true.
E) A and B only are true.
Correct Answer:
Verified
Q50: What is required to meet the writing
Q51: An order or other offer to buy
Q52: For the written confirmation rule to apply,who
Q53: Where the offeror is a merchant and
Q54: Which of the following statements is not
Q56: Which of the following is not true
Q57: According to the UCC,which of the following
Q58: Under Article 2 of the UCC,a contract
Q59: Under the UCC,if an offer is received
Q60: Under the UCC Article 2,unless otherwise agreed,an
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