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Author Question: In contrast to the common law of contracts, a merchant's firm offer under Article 2 may be revoked ... (Read 114 times)

stephzh

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on: Jun 24, 2018
In contrast to the common law of contracts, a merchant's firm offer under Article 2 may be revoked within a reasonable time without consideration and is irrevocable with consideration for a period not to exceed 3 months.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which is not an element for an offer to be effective:
 a. clear intent by offeror
  b. willingness to accept consideration c. proper communication
  d. clear and certain terms and conditions e. all other choices are necessary


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komodo7

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Reply #1 on: Jun 24, 2018
Answer to Question 1

FALSE

Answer to Question 2

b


stephzh

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

parshano

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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