State Codes and Statutes

Statutes > New-jersey > Title-12a > Section-12a-2 > 12a-2-205

12A:2-205.  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.

     L.1961, c. 120, s. 2-205.
 

State Codes and Statutes

Statutes > New-jersey > Title-12a > Section-12a-2 > 12a-2-205

12A:2-205.  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.

     L.1961, c. 120, s. 2-205.
 

State Codes and Statutes

State Codes and Statutes

Statutes > New-jersey > Title-12a > Section-12a-2 > 12a-2-205

12A:2-205.  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.

     L.1961, c. 120, s. 2-205.