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A property developer is negotiating the purchase of several acres of land from the owner to develop a residential complex. The owner has made an

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A property developer is negotiating the purchase of several acres of land from the owner to develop a residential complex. The owner has made an attractive offer that is set to expire within 24 hours. The property developer wants more time to consider the offer before making a final commitment. What should the property developer do to gain additional time? 0 Reject the offer and make a new offer later. 0 Make a counteroffer on slightly different terms. 0 Enter into an option agreement with the owner. 0 Allow the offer to lapse and make a new offer later

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