Digital Enterprise,Inc. ,promises to pay its employees a year-end bonus "if profits continue to be high and management agrees at the time." This is

Question

Digital Enterprise,Inc. ,promises to pay its employees a year-end bonus "if profits continue to be high and management agrees at the time." This is​

Quizplus · Accepted Answer

The promise of a year-end bonus is an illusory promise because it is only conditional upon two factors: profits continuing to be high and management agreeing at the time. Therefore, there is no actual promise being made and it is not an enforceable contract.