Which of the Following Is Not True, Under UCC Article

question 127

Multiple Choice

Which of the following is not true, under UCC Article 2, about a merchant's firm offer:

• A) requires a signed writing by the offeror that the offer will remain open for a given period
• B) it must be open to all members of the public
• C) stays open for a time not to exceed 3 months, if no other period of time is stated in the offer
• D) does not require consideration to be irrevocable
• E) is irrevocable if stated in writing that it remains open for a given time

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Definitions:

Youthfulness

The state or quality of being young, often characterized by energy, freshness, or vitality.

Endogamy

The tendency of people to marry within their own social group.

Socioeconomic Status

A measure of an individual's or group's economic and social position based on income, education, and occupation.

Interracial Couples

Relationships between people of different racial backgrounds.