Under UCC Article 2 Sales, a merchant’s firm offer:
Under UCC Article 2 Sales, a merchant’s firm offer:
A. May be revoked any time before acceptance
B. Is irrevocable for the time stated, up to three months, no consideration needed
C. Requires consideration to be binding
D. Only applies to non-merchants
Answer: B
Explanation: Merchant firm offer rule: written promise to keep offer open, irrevocable, no consideration, max 3 months.
