Nevin negotiates a deal for the sale of twenty$-$five acres of farmland to Otis. Nevin promises to hold the offer open in return for a small payment but does not state an exact period of time. With respect to this offer

Group of answer choices

the deal is binding except for the promise to hold the offer open.

a reasonable period of time is implied.

the offer must be held open for an indefinite period.

the deal is done.