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A Merchant Cannot Revoke a Firm Offer to Buy or Sell

Question 41

Multiple Choice

A merchant cannot revoke a firm offer to buy or sell goods if the merchant has:


A) promised to keep the offer open.
B) declared in the presence of two or more reputable witnesses that the offer will be kept open.
C) received consideration to keep the offer open.
D) stated in a signed letter that the offer would not be revoked for a specified period of time.

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