An illusory promise is an example of a promise that will be enforced even when consideration is lacking.

Name: An illusory promise is an example of a promise that will be enforced even when consideration is lacking.
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Question

Quizplus · Accepted Answer

An illusory promise is not enforceable because it lacks consideration. It is a promise that appears to be a promise but is not really a promise because the party making the promise has not committed to anything definite.

An Illusory Promise Is an Example of a Promise That