§ 6A-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 (3) months; but any such term of assurance on a form supplied by the offeree must be separately signed by the offeror.
History of Section.P.L. 1960, ch. 147, § 1.
Structure Rhode Island General Laws
Title 6A - Uniform Commercial Code
Part 2 - Form, Formation and Readjustment of Contracts
Section 6A-2-201. - Formal requirements — Statute of frauds.
Section 6A-2-202. - Final written expression — Parol or extrinsic evidence.
Section 6A-2-203. - Seals inoperative.
Section 6A-2-204. - Formation in general.
Section 6A-2-205. - Firm offers.
Section 6A-2-206. - Offer and acceptance in formation of contract.
Section 6A-2-207. - Additional terms in acceptance or confirmation.
Section 6A-2-209. - Modification, rescission, and waiver.
Section 6A-2-210. - Delegation of performance — Assignment of rights.