Multiple Choice
The UCC rule that says that a merchant who offers to buy,sell,or lease goods and gives a written and signed assurance on a separate form that the offer will be held open cannot revoke the offer for the time stated or,if no time is stated,for a reasonable time is referred to as the ________.
A) gap-filling rule
B) firm offer rule
C) mirror-image rule
D) open term rule
Correct Answer:
Verified
Correct Answer:
Verified
Q53: Which of the following articles in the
Q56: A _ is defined as the passing
Q56: If the parties to a sales contract
Q57: The _ rule permits certain open terms
Q60: Article 2 of the UCC governs _.
Q63: Pollard enters into a sales contract to
Q65: A(n)_ refers to a warranty that arises
Q66: A transfer of the right to the
Q72: A title for goods obtained by a
Q76: Contracts for the provision of services are