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Which of the following statements are not true about firm offers? (a) firm offers can only be entered into by merchants (b) Consideration is required
Which of the following statements are not true about firm offers?
(a) firm offers can only be entered into by merchants
(b) Consideration is required to support a firm offer
(c) A signed writing that the offer will remain open is necessary to bind the merchant
(d) The period that a firm offer will be kept open may not exceed three months
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