In Day v.Fortune Hi-Tech Marketing,Inc. ,the case in the text,the court held that:
A)the agreement had adequate consideration because there was no modification of the arbitration clause at any point during the relevant time period.
B)the agreement had adequate consideration because both parties were bound by the agreement.
C)the promise was illusory because it did not have legal value.
D)the promise was illusory because the defendant had the option to modify the contract at its discretion.

Question

Quizplus · Accepted Answer

The court held that without a binding obligation,a promise is illusory,and therefore not enforceable as a contract.

In Day VFortune Hi-Tech Marketing,Inc