Under the UCC, a merchant firm offer is irrevocable for up to:
✓ Correct Answer: Option B
UCC §2-205: a merchant written, signed offer to buy or sell goods giving assurance it will be held open is irrevocable for the stated time or up to 3 months.
UCC §2-205: a merchant written, signed offer to buy or sell goods giving assurance it will be held open is irrevocable for the stated time or up to 3 months.