Which of the following choices states all of the requirement

Which of the following choices states all of the requirements of a firm offer?
The offer is contained within a signed writing.
The offer is exchanged with another merchant. The offer must be accepted within 30 days.
The offer is contained within a signed writing made by a merchant and the offeror gives reasonable assurances that the offer will remain open.
The offer is stated by a merchant and is approved by the court.

Solution

Ans: Th offer is contained within a signed writing made by a merchant and the offeror give reasonable assurances that the offer will remain open.

Explanation: Firm offer is an offer that remains valid for a certain period of time. Its a wriitem and signed agreement between two party.

Which of the following choices states all of the requirements of a firm offer? The offer is contained within a signed writing. The offer is exchanged with anoth

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