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In Contracts That Are Not Between Merchants Selling Goods, a Promise

Question 96

Multiple Choice

In contracts that are not between merchants selling goods, a promise to keep an offer open for a certain time period must be supported by the offeree's consideration. Such an agreement to not revoke an offer is called a(n) _____.


A) firm offer
B) option
C) promissory estoppel
D) novation
E) assignment

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