Question
1. You really want to purchase a new vehicle, but money is tight. You go to the Waco Jeep dealership; and find a SUV that
1. You really want to purchase a new vehicle, but money is tight. You go to the Waco Jeep dealership; and find a SUV that is exactly what you want, but the price is a little more than you want to pay. It is possible you might be able to find the same SUV at another dealership in Dallas or Austin for better price, but you are afraid the Waco dealer wont honor the price he quoted you if you dont decide immediately on the vehicle. Which of the following statement would be best for keeping the offer legally available to you? D ? CH10
A. The only way to prevent the offer from being revoked will be to pay some amount of money for Dealers promise to not revoke the offer.
B. Under the common law of contract, you must get a signed writing that includes all of the offer and that will be sufficient to keep the offer open for 30 days.
C. Since he is a dealer, he is a merchant, and if he makes a verbal promise to keep the offer available to you, the offer is binding and irrevocable.
D. Per the U.C.C, you should ask for him to write down the offer and sign it, and you can then accept the offer within a reasonable time if you cant find a better deal else where.
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