Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
§ 2a-205 — Delaware Law | CourtGPT
  1. Home/
  2. Laws/
  3. Delaware/
  4. Title 6 - Commerce and Trade/
  5. Article 2a - Leases/
  6. Part 2 - Formation and Construction of Lease Contract§ 2a-201. Statute of Frauds/
  7. § 2a-205
Delaware Legal Code

§ 2a-205

Ask AI about this
§§ 2A-205. Firm offers. An offer by a merchant to lease goods to or from another person in a signed record that by its terms gives assurance 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 the period of irrevocability exceed 3 months. Any such term of assurance on a form supplied by the offeree must be separately signed by the offeror.68 Del. Laws, c. 249, § 1; 84 Del. Laws, c. 174, § 18;