🌀 What Is an Illusory Promise? – Contract Law Flashcard
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🌀 What Is an Illusory Promise? – Contract Law Flashcard
📌 Created with the help of an AI tool – for educational use only. An illusory promise is one that appears to be a promise but is not legally binding because it lacks commitment. 📌 If a party retains unfettered discretion to perform (or not), there’s no consideration. Example: “I’ll buy your car if I feel like it.” Not ...
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