Which of the Following Is Not True Regarding Firm Offers

question 71

Multiple Choice

Which of the following is not true regarding firm offers?

• A) A firm offer automatically occurs when an offer or promise is made by one merchant to another.
• B) Firm offers do not require consideration for the offer to remain open.
• C) Firm offers occur only when the offeror is a merchant.
• D) Firm offers must be in writing.

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