Orwin, Owner of a Used Furniture Store, Gives Maggie a Signed

question 65

Multiple Choice

Orwin, owner of a used furniture store, gives Maggie a signed offer to buy her living room furniture for $800. This offer:

• A) is revocable at any time because no consideration was given.
• B) would have been irrevocable if Orwin were a merchant, but he would not be considered a merchant under the UCC.
• C) is irrevocable for a reasonable time, not to exceed three months, even if there was no consideration.
• D) is revocable without consideration because it is an offer to buy rather than to sell.

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Definitions:

Wave Nature

Wave Nature relates to the characteristics of particles, such as photons and electrons, to exhibit properties typical of waves, including interference and diffraction.

Blue Irises

Refers to a physical trait where the irises of the eyes have a blue pigment.

Iris

The iris is the colored part of the eye that surrounds the pupil and controls the amount of light that enters the eye by adjusting the size of the pupil.

Pupil Size

The diameter of the pupil, which can change in response to light, emotions, or cognitive load.