Multiple Choice
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
Correct Answer:
Verified
Related Questions
Q5: A transaction that includes both a goods
Q6: If both parties to an oral sale
Q7: A grocery store mails an offer to
Q8: If a buyer and seller agree to
Q9: A "firm offer" can be held open
Q11: A seller or buyer who reserves the
Q12: Regarding differences under the UCC in the
Q13: If the time,place,and manner of delivery of
Q14: For the written confirmation rule to apply,who
Q15: Which terms will be implied in a