"I'll buy your horse if he decides he likes me" is an example of what type of contractual condition?

Question

Quizplus · Accepted Answer

An illusory condition precedent is a condition that does not really impose an obligation on the promisee, but rather gives the promisor the option of performing. In this case, the condition that the horse must decide if it likes the buyer is illusory because it is subjective and dependent on the horse's feelings, rather than a concrete action that the buyer can control. Therefore, this contract is not binding because it lacks consideration.

"I'll Buy Your Horse If He Decides He Likes Me