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15. Which of the following statements best describes a firm offer under the UCC? A. A firm offer is a type of offer in

15. Which of the following statements best describes a firm offer under the UCC? A. A firm offer is a type of offer in which the buyer will not consider any reduction in the price of goods. B. A firm offer requires that a merchant buyer pay a buyer's premium for an offer to remain open for 30 days. C. terminology. A firm offer is the same as an option contract. The UCC, however, uses different D. An offer in writing by a merchant that is irrevocable for a period of time.

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