§2-1205. 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 3 months. Any such term of assurance on a form supplied by the offeree must be separately signed by the offeror. [PL 1991, c. 805, §4 (NEW).]
SECTION HISTORY
PL 1991, c. 805, §4 (NEW).
Structure Maine Revised Statutes
TITLE 11: UNIFORM COMMERCIAL CODE
Part 2: FORMATION AND CONSTRUCTION OF LEASE CONTRACT
11 §2-1202. Final written expression; parol or extrinsic evidence
11 §2-1204. Formation in general
11 §2-1206. Offer and acceptance in formation of lease contract
11 §2-1207. Course of performance or practical construction (REPEALED)
11 §2-1208. Modification, rescission and waiver
11 §2-1209. Lessee under finance lease as beneficiary of supply contract
11 §2-1210. Express warranties
11 §2-1212. Implied warranty of merchantability
11 §2-1213. Implied warranty of fitness for particular purpose
11 §2-1214. Exclusion or modification of warranties
11 §2-1215. Cumulation and conflict of warranties express or implied
11 §2-1216. Third-party beneficiaries of express and implied warranties
11 §2-1218. Insurance and proceeds