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 three (3) months. Any such term of assurance on a form supplied by the offeree must be separately signed by the offeror.
Structure Mississippi Code
Title 75 - Regulation of Trade, Commerce and Investments
Chapter 2A - Uniform Commercial Code - Leases
Part 2 - . Formation and Construction of Lease Contract
§ 75-2A-202. Final written expression: parol or extrinsic evidence
§ 75-2A-203. Seals inoperative
§ 75-2A-213. Implied warranty of fitness for particular purpose
§ 75-2A-215. Cumulation and conflict of warranties express or implied
§ 75-2A-216. Third-party beneficiaries of express and implied warranties