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Firm Offers under the UCC and the CISG

Henry Mather

[Introductory remarks]

I. The Present UCC Section 2-205

A. Historical background
B. The firm offer rule
C. Must the offer be in writing?
D. What limits are imposed on the period of irrevocability?
E. What kind of assurance of irrevocability is required?
F. If the offer does not meet the requirements of section 2-205, might it become irrevocable because of the offeree's reliance?

II. CISG Article 16

A. Comparative law background
B. The CISG rule
C. Must the offer be in writing?
D. What limits are imposed on the period of irrevocability?
E. What kind of assurance of irrevocability is required?
F. If the offer does not meet the requirements of article 16(2)(a), might it become irrevocable because of the offeree's reliance?

III. The Proposed Revision of the UCC Firm Offer Rule

A. The proposed firm offer rule
B. Must the offer be in writing?
C. What limits are imposed on the period of irrevocability?
D. What kind of assurance of irrevocability is required?
E. If the offer does not meet the requirements of proposed section 2-204, might it become irrevocable because of the offeree's reliance?

IV. Drafting Offers

A. Making the offer revocable
B. Making the offer irrevocable

Endnotes

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Henry Mather

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Title:

Firm Offers under the UCC and CISG

Creator:

Henry Mather

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Copyright: CISG Database, Pace Institute of International Commercial Law. Reproduced with permission of 105 "Dickinson Law Review" (Fall 2000) 31-56 http://www.dsl.psu.edu/groups/lawreview.cfm

Date:

2000

Date available:

2004-03-26

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SiSU on behalf of CISG Database, Pace Institute of International Commercial Law

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