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Firm offers - 13 Pa. Cons. Stat. § 2205Legal Research Home > Pennsylvania Statutes Sponsored Links
§ 2205. Firm offers.
An offer by a merchant to buy or sell goods in a signed
writing 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
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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Last modified: November 27, 2007 |