Which of the following is not true, under UCC Article 2, about a ...

[ishan]

Which of the following is not true, under UCC Article 2, about a merchant's firm offer:
 a. requires a signed writing by the offeror that the offer will remain open for a given period b. it must be open to all members of the public
  c. stays open for a time not to exceed 3 months, if no other period of time is stated in the offer d. does not require consideration to be irrevocable
  e. is irrevocable if stated in writing that it remains open for a given time

Question 2

Which of the following is true of a trade secret:
 a. the business would lose its advantage if the competition were to obtain it b. it is copyrighted
  c. the owner has not taken reasonable steps to protect the secret from disclosure d. all of the other specific choices are correct
  e. none of the other specific choices are correct

[cegalasso]

Answer to Question 1

b

Answer to Question 2

a

[ishan]

Correct answers!

[cegalasso]

Great! Please up vote