Jeff Kase and his wife, Caren, have spent two months looking at apartments in Los Angeles. But every apartment they've seen has been too expensive, or too tiny, or too rodent-infested. When Jeff is driving home from work one day, he sees a "For Rent" sign in front of an apartment complex in a nice neighborhood. He uses his cell to call the number on the sign, and the landlord happens to live upstairs, and can show Jeff the apartment immediately. The good news is, Jeff loves it and the landlord says he can hold it with a deposit until Jeff's wife can see it. The bad news is that Caren is out of town until the next evening, so that's the earliest she can see it. The landlord tells Jeff that, unfortunately, the lease agreements for all his properties specify that lease deposits are "nonrefundable." Which of the following statements is true of this situation