Option-to-cancel clauses always render a contract illusory,because one party is not bound to the contract.

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Option-to-cancel clauses do not necessarily render a contract illusory. These clauses provide a conditional right to terminate the contract under specific circumstances or within a specific time frame. However, the party who holds this right is still bound by the contract until they choose to exercise their option to cancel. Therefore, the contract is still enforceable until such time as the option is exercised.

Option-To-Cancel Clauses Always Render a Contract Illusory,because One Party Is