An illusory promise is an enforceable promise.

Name: An illusory promise is an enforceable promise.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

An illusory promise is not an enforceable promise because it lacks consideration or mutuality. It is a statement that appears to be a promise, but in reality, it does not actually obligate the person making the statement to do anything. Therefore, it cannot be considered a legally binding contract.

An Illusory Promise Is an Enforceable Promise