As it pertains to consideration,which of the following does NOT constitute value?
A)an illusory promise
B)an act
C)a forbearance
D)a promise to act

Question

Quizplus · Accepted Answer

An illusory promise does not constitute value because it does not represent a commitment to do or not do something. It is a statement that is not binding and does not create any legal obligation. Therefore, it cannot be considered as a valid consideration in a contract. On the other hand, an act, forbearance, or a promise to act are all forms of consideration that can be used to form a valid contract.

As It Pertains to Consideration,which of the Following Does NOT