AL Bar Practice Questions - Alabama Bar Examination Exam

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An offeror mails an offer to sell goods, stating 'This offer is firm and will remain open for 10 days.' The offeror is a merchant and the offer is signed. Three days later, before any acceptance, the offeror attempts to revoke. Under UCC § 2-205, is the offer revocable?

Yes, because no consideration was paid to keep the offer open No, because a signed firm offer by a merchant is irrevocable for the stated time, up to three months, without consideration Yes, because firm offers are unenforceable under the UCC No, because all offers for goods are automatically irrevocable

Correct Answer:

No, because a signed firm offer by a merchant is irrevocable for the stated time, up to three months, without consideration

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