Brian, an agent for Clarion Motors, Inc., writes a letter on behalf of Clarion Motors to Dina on November 1 stating that he will sell her a 2016 Subaru Outback for $20,000 between November 1 and December 31. Brian's letter to Dina is
A)a merchant's firm offer.
B)an acceptance.
C)an option contract.
D)none of the choices.

Question

Quizplus · Accepted Answer

A merchant's firm offer is a written and signed promise by a merchant to hold an offer open for a specified period, which does not require consideration to be binding. Brian's letter meets these criteria.

Brian, an Agent for Clarion Motors, Inc