If a merchant makes a written offer to buy or sell goods, this will be irrevocable only if accompanied by consideration.

Name: If a merchant makes a written offer to buy or sell goods, this will be irrevocable only if accompanied by consideration.
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Under the Uniform Commercial Code (UCC), a merchant's firm offer to buy or sell goods is irrevocable without consideration if it is in writing and signed, and it states that it will be held open for a certain period of time.

If a Merchant Makes a Written Offer to Buy or Sell