Cincinnati Ohio Firm Offer for Sales Agreement which is Supported by Consideration

State:
Multi-State
City:
Cincinnati
Control #:
US-02349BG
Format:
Word; 
PDF; 
Rich Text
Instant download

Description

Pursuant to the Uniform Commercial Code, a firm offer is an offer stating in writing that it is irrevocable for a set time. As long as it is stipulated in a signed writing that the offer is to be held open, it need not be supported by consideration to be binding. This form is an example of a firm offer with consideration.

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Cincinnati Ohio Firm Offer for Sales Agreement which is Supported by Consideration