Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

illusory promise

Read a random definition: tangible cost

A quick definition of illusory promise:

An illusory promise is a type of promise that cannot be enforced because it is too vague or unclear. It may seem like an agreement, but it doesn't actually require the person making the promise to do anything. For example, if someone promises to sell all the ice cream they want to, it's not a real promise because they can choose not to sell any. However, if someone promises to pay you money if you don't do something (like drink or smoke) until a certain age, that is a real promise because you are giving up a legal right in exchange for the promise.

A more thorough explanation:

An illusory promise is a type of promise that cannot be enforced because it is too vague or conditional. It is a statement that seems like an offer or agreement, but it does not actually require the person making the promise to do anything at all. This means that only one side is bound to perform, and the other side is not obligated to do anything.

One example of an illusory promise is an agreement between a seller and a buyer that states that the seller "agrees to sell all of the ice cream he wants to" to the buyer. This promise is too vague and does not specify how much ice cream the seller will actually sell to the buyer.

Another example is a promise made by an employer to an employee that they will receive a bonus "if the company does well." This promise is too conditional and does not specify what "doing well" means or how the bonus will be calculated.

These examples illustrate the concept of an illusory promise because they are promises that are too vague or conditional to be enforced. In the first example, the seller is not obligated to sell any specific amount of ice cream to the buyer, which means that the buyer cannot hold the seller accountable for not fulfilling the promise. In the second example, the employer can argue that the company did not do well enough to warrant giving the employee a bonus, which means that the employee cannot force the employer to pay the bonus.

Illinois Case-Law | immaterial

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
LSD+ is ad-free, with DMs, discounts, case briefs & more.