An option to cancel the performance of a contract before it begins does not make the promise illusory.
Correct Answer:
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Q30: Forfeiting a right to sue to recover
Q31: To apply the doctrine of promissory estoppel
Q32: To constitute consideration, there must be
A)a payment.
B)a
Q33: A promise is illusory when its performance
Q34: A promise to pay a previous debt
Q36: Sports Bar and Tasty Tacos are adjacent
Q37: Kim promises to pay Leo $500 to
Q38: Exceptions to the preexisting duty rule include
Q39: Two parties can mutually agree to rescind
Q40: Exceptions to the preexisting duty rule include
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