Under the UCC, a merchant's firm offer to keep an offer open is binding without consideration if the offer is in writing, signed by the merchant, and states that it will be held open, for up to three months.

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Multiple Choice

Under the UCC, a merchant's firm offer to keep an offer open is binding without consideration if the offer is in writing, signed by the merchant, and states that it will be held open, for up to three months.

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