| PREVIOUS SECTION | Go back to sections | Go back to the chapter | Go back to the N.J. Statutes homepage | NEXT SECTION |
New Jersey Statutes, Title: 12A, COMMERCIAL TRANSACTIONS
Chapter 2:
Section: 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.
This section added to the Rutgers Database: 2013-06-10 16:36:30.
Older versions of 12a:2-205 (if available):
Court decisions that cite this statute:
CLICK HERE.