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Your company has received a valid contract offer. If you accept this offer you will be able to purchase a large amount of wheat, but, you are uncertain about what market conditions will be in the near future. You need two weeks to do adequate market research before you can accept or reject the current offer. At the same time you are award that the person who extended the offer to you is in conversation with other potential buyers. Your boss asks you if the current offer has to be kept open until you make a decision to accept or reject the offer. Alternately, is there a way the current offer can be made irrevocable during the next two weeks. If there is a way to do this, how should your company go about doing that?
Please mention USA contract law