Ronaldo says to Becky "I would like to make you my full-time business law tutor." Becky responds that she will think about it and let him know after she talks to Barry who also asked her to be a business law tutor. This is an example of:
A) a valid contract
B) an illusory promise
C) past consideration
D) a preexisting duty
E) detrimental reliance on Ronaldo's part

Question

Quizplus · Accepted Answer

An illusory promise is one where the promise is not really binding or lacks commitment to perform. Becky's response to think about it and consult with Barry before making a decision does not constitute a definite promise or commitment to Ronaldo, making it an illusory promise.

Ronaldo Says to Becky "I Would Like to Make You