MBE Tip: The Firm Offer Rule (UCC)

Assuming all other requirements (merchants, etc) are satisfied:

~ If no time is stated as to how long the offer will remain irrevocable, it'll remain irrevocable for a reasonable amount of time but not exceeding 3 months. ~ If a time less than 3 months is stated as to how long the offer will remain irrevocable, it'll remain irrevocable for that stated amount of time. ~ If a time greater than 3 months is stated as to how long the offer will remain irrevocable, it'll remain irrevocable for 3 months, but no longer than that.