Utah Code § 70A-2-205

Firm offers
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An offer by a merchant to buy or sell goods in a signed record which by its terms gives
assurance that 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 such period of irrevocability
exceed three months; but any such term of assurance on a form supplied by the offeree must be
separately signed by the offeror.

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