Asked by Isabella Cardenas on Jul 05, 2024

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A store indicates to a produce seller, "If you ship me those oranges by Friday, I will consider making you my sole supplier." This agreement is:

A) enforceable because of past consideration.
B) enforceable because it is a preexisting duty.
C) unenforceable because of past consideration.
D) unenforceable because of an illusory promise.
E) unenforceable under promissory estoppel.

Illusory Promise

A statement or promise that is vague or lacks commitment and does not legally bind the person making it.

  • Identify the differences between illusory and real promises and their relevance to forming contracts.
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Verified Answer

ZK
Zybrea KnightJul 07, 2024
Final Answer :
D
Explanation :
The agreement is unenforceable because it contains an illusory promise. The store's statement, "I will consider making you my sole supplier," does not commit the store to any specific action or obligation, making it a promise that lacks the definiteness and commitment necessary to form a binding contract.