Illusory promises are enforceable if one of the parties has performed their contractual obligation.

Name: Illusory promises are enforceable if one of the parties has performed their contractual obligation.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Illusory promises are not enforceable because they lack the requisite mutuality of obligation; they do not constitute a binding commitment by one party, making the contract unenforceable regardless of performance by the other party.

Illusory Promises Are Enforceable If One of the Parties Has