Question

under the merchants' exception rule of the ucc, within a reasonable time of making an oral contract, if a merchant sends a written confirmation to another, and if the confirmation is definite enough to bind the sender herself, then the merchant who receives the confirmation will also be bound by it unless he objects in writing within

Answer 1

The confirmation should be within in 10 days. It should be sent by the merchant.

Reasonable time in economic and business generally can be defined as  that amount of time which is fairly necessary, conveniently, to do whatever is required to be done, as soon as circumstances permit. In contact business, reasonable time based on subjective circumstances also can be defined as  the time needed to do what a contract requires to be done.

Commercially Reasonable Period of Time generally can be described as  twelve months for a willing seller and also a willing buyer to agree on price and terms, plus the time necessary to complete the sale.

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