Under the UCC,between merchants,an offer may not be revoked if it is made in a signed writing that gives assurance that it will remain open for a stated period of time.

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This statement is true according to the UCC (Uniform Commercial Code). Under the UCC's Section 2-205, an offer made by a merchant in a signed writing can be irrevocable for a maximum of three months unless stated otherwise in the agreement. This is known as the Firm Offer Rule or the Merchant's Firm Offer.

Under the UCC,between Merchants,an Offer May Not Be Revoked If