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§12A-2A-205.
§12A-2A-205.
FIRM OFFERS
An offer by a merchant to lease goods to or from another person in a
signed writing that by its terms gives assurance 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
the period of irrevocability exceed three (3) months. Any such term of
assurance on a form supplied by the offeree must be separately signed
by the offeror.
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