Which of the following is true regarding the enforceability of the offer made by the manager at ABC Carpet?
A)ABC Carpet is bound by the offer,but only for a period of seven days.
B)ABC Carpet is bound by the offer,but only for a period of ten days.
C)ABC Carpet is bound by the offer,but only if Joaquin can establish reliance.
D)ABC Carpet was bound by the offer.
E)ABC Carpet is not bound by the offer because Joaquin did not provide any consideration.

Question

Quizplus · Accepted Answer

A)Under UCC Section 2-205,offers made by merchants are considered firm offers
and binding if the offer 1)is made in writing and 2)gives assurances that it will be irrevocable for up to three months despite a lack of consideration for the irrevocability.
B)Under UCC Section 2-205,offers made by merchants are considered firm offers and binding if the offer 1)is made in writing and 2)gives assurances that it will be irrevocable for up to three months despite a lack of consideration for the irrevocability.

Which of the Following Is True Regarding the Enforceability of the Offer