Gratuitous transfer of the title to property

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Reference no: EM131745282

1. A_________ is not covered under article 2 because it is a gratuitous transfer of the title to property. The article 2 definition of a sale requires that the transfer of title be made for a price.

2. A __________________ by a merchant cannot be revoked if the offer (1) expresses an intention that it will be kept open, (2) is in a writing, and (3) is signed by the merchant.

Reference no: EM131745282

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