KS Bar Practice Questions - Kansas Bar Examination Exam

Access More Questions

A merchant sends a signed written offer to a buyer promising to hold the offer open for 60 days. No consideration is given. Under UCC § 2-205 (firm offer rule), for how long is the offer irrevocable?

Not at all, because no consideration was given For the stated 60 days in full For a reasonable time, but in no event longer than three months For exactly 30 days regardless of the stated period

Correct Answer:

For a reasonable time, but in no event longer than three months

Access more questions from this quiz

Continue to KS Bar Practice Questions - Kansas Bar Examination Exam for more practice questions and the full quiz experience.

Access More Questions