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.
|