UCC Firm offer requirements?

• A. The offeror is a merchant; There is an assurance that the offer remains open; The assurance is contained in an unsigned writing from the offeror.
• B. The offeror is a merchant; There is no assurance that the offer remains open; The offer is stated in writing.
• C. The offeror is a merchant; There is an assurance that the offer remains open; The assurance is contained in a signed writing from the offeror.
• D. The offeror is not a merchant; The offer remains open with no writings.

Answer: (C)

Under the UCC, a firm offer is a merchant’s promise in a signed writing to keep an offer to buy or sell goods open, and it becomes irrevocable for the time stated (up to three months) without any need for consideration. The key elements are that the offeror must be a merchant, there is an explicit assurance the offer will remain open, and the assurance must be contained in a writing signed by the offeror. That description matches the option stating the offeror is a merchant, there is an assurance the offer remains open, and the assurance is in a signed writing from the offeror. An unsigned writing, a non‑merchant, or no writing/assurance would not satisfy the firm-offer rules.