Oklahoma § 12A-2-205 Firm Offers.

Oklahoma Statutes

§ 12A-2-205 — Firm Offers.

Oklahoma·Title 12A Uniform Commercial Code

An offer by a merchant to buy or sell goods in a signed record which by its terms gives assurance that it will be held open is not revocable, for lack of consideration, during the time stated or if no time is stated for a reasonable time, but in no event may such period of irrevocability exceed three (3) months; but any such term of assurance on a form supplied by the offeree must be separately signed by the offeror.

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An offer by a merchant to buy or sell goods in a signed record which by its terms gives assurance that it will be held open is not revocable, for lack of consideration, during the time stated or if no time is stated for a reasonable time, but in no event may such period of irrevocability exceed three (3) months; but any such term of assurance on a form supplied by the offeree must be separately signed by the offeror.

Oklahoma § 12A-2-205 (Firm Offers.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.