This is a Question on "MBE and CA Contract question RE firm offer"; I have a contract question regarding firm offer "...a merchant's signed written offer is irrevocable for the stated time period ...
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![]() | MBE and CA Contract question RE firm offer
I have a contract question regarding firm offer "...a merchant's signed written offer is irrevocable for the stated time period (or, if not stated, for a reasonable time not exceeding three months)." Again, it seems like a firm offer may be held open for many years. I am concerned about this because the Feb 06 answer (on the bar web site) stated that although the offer was for 6 months, it was revocable at will after 3. Exactly half the answer turned on the definition of this rule.
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