1. Which of the following choices states all of the requirements of a firm offer?
The offer is contained within a signed writing.
The offer is exchanged with another merchant. The offer must be accepted within 30 days.
The offer is contained within a signed writing made by a merchant and the offeror gives reasonable assurances that the offer will remain open.
The offer is stated by a merchant and is approved by the court.
2. Which of the following is another term for undue influence?
Duress
Innocent misrepresentation.
Unfair persuasion
Promissory Estoppel