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. You own a company that manufactures hats. The cost to make the hats has increased and, as a result, you are negotiating with a textile mill to supply the fabric for the cost of $10.00/metre for a period of two years, provided you agree to purchase 1000 metres of fabric monthly. Are there risks associated with taking time to think about the offer before accepting it and, if so, what are they? What happens if you like the price and but are only willing to commit to the agreement for one-year? What happens if they set a deadline for acceptance and you want to accept the offer after the deadline has passed?

please answer the question according to Canadian Law system.