The Toy Company offers to sell Wal-Mart 10,000 dolls at a certain price.The offer,which is signed by TTC's President,is complete and certain as to all material terms.The offer also states that it will remain open for four months,but does not require any consideration in support of this promise.TTC revokes the offer 100 days after it was made.Is this revocation effective? Would your answer change if TTC revoked 80 days after the offer was made?

We have a sale of goods,so Article 2 of the UCC applies.Under UCC section 2-205,an offer by a merchant in a signed writing that gives assurances that it will be held open,is irrevocable for the time stated.If no time is stated,then the offer can be revoked,but for not more than three months.Here,the tests for irrevocability were met,but in the first instance TTC revoked after the three-month limit on irrevocability.This means that the revocation was effective because it was well within the four-month limit stated by it (TTC)However,the 80-day revocation would be no good.