Under the merchants' exception rule of the UCC,within a reasonable time of making an oral contract,if a merchant sends a written confirmation to another,and if the confirmation is definite enough to bind the sender herself,then the merchant who receives the confirmation will also be bound by it unless he objects in writing within
A)3 days.
B)5 days.
C)10 days.
D)30 days.

Question

Under the merchants' exception rule of the UCC,within a reasonable time of making an oral contract,if a merchant sends a written confirmation to another,and if the confirmation is definite enough to bind the sender herself,then the merchant who receives the confirmation will also be bound by it unless he objects in writing within
A)3 days.
B)5 days.
C)10 days.
D)30 days.

Quizplus · Accepted Answer

According to the merchants' exception rule of the UCC, the merchant who receives a written confirmation from the other merchant must object in writing within 10 days; otherwise, they will be bound by it. Therefore, the correct choice is option C.

Under the Merchants' Exception Rule of the UCC,within a Reasonable