illusory promise

illusory promise
illusory promise see promise

Merriam-Webster’s Dictionary of Law. . 1996.

illusory promise
n.
A promise with such vague terms that it actually promises nothing because the person making it is allowed to choose whether or not to do the promised act and does not in fact agree to do anything.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


illusory promise
A promise that pledges nothing, because it is vague or because the promisor can choose whether or not to honor it. Such promises do not create contracts and are not legally binding.
Category: Small Claims Court & Lawsuits

Nolo’s Plain-English Law Dictionary. . 2009.


illusory promise
A statement that appears to assure a performance and form a contract but, when scrutinized, leaves to the speaker the choice of performance or nonperformance, which means that the speaker does not legally bind himself or herself to act.

Dictionary from West's Encyclopedia of American Law. 2005.


illusory promise
A statement that appears to assure a performance and form a contract but, when scrutinized, leaves to the speaker the choice of performance or nonperformance, which means that the speaker does not legally bind himself or herself to act.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

illusory promise
n.
   an agreement to do something that is so indefinite one cannot tell what is to be done or the performance is optional (usually because it is just a gesture and not a true agreement). Therefore, the other party need not perform or pay since he/she got nothing in what he/she may have thought was a contract.

Law dictionary. . 2013.

Игры ⚽ Нужно решить контрольную?

Look at other dictionaries:

  • Illusory promise — In contract law, an illusory promise is one that courts will not enforce. This is in contrast with a contract, which is a promise that courts will enforce. A promise may be illusory for a number of reasons. In common law countries this usually… …   Wikipedia

  • illusory promise — A promise so conditioned that the performance thereof is a matter of promisor s option, such promise not being sufficient as consideration for another promise. 17 Am J2d Contr § 105 …   Ballentine's law dictionary

  • illusory promise —    An agreement that is so indefinite that one cannot tell what is to be done or in which the performance is optional (e.g., a promise to stay in a job for a certain length of time, unless one resigns sooner). The other party to such an agreement …   Business law dictionary

  • promise — prom·ise n: a declaration or manifestation esp. in a contract of an intention to act or refrain from acting in a specified way that gives the party to whom it is made a right to expect its fulfillment aleatory promise: a promise (as to compensate …   Law dictionary

  • illusory — il·lu·so·ry /i lü sə rē, zə rē/ adj: likely to mislead or deceive: false deceptive an illusory plea bargain leading to a longer sentence than expected Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • illusory — /al(y)uwsariy/°uwz°/ Deceiving by false appearances; nominal, as distinguished from substantial; fallacious; illusive. Bolles v. Toledo Trust Co., 144 Ohio St. 195, 58 N.E.2d 381, 390 @ illusory appointment Nominal, overly restrictive or… …   Black's law dictionary

  • illusory — /al(y)uwsariy/°uwz°/ Deceiving by false appearances; nominal, as distinguished from substantial; fallacious; illusive. Bolles v. Toledo Trust Co., 144 Ohio St. 195, 58 N.E.2d 381, 390 @ illusory appointment Nominal, overly restrictive or… …   Black's law dictionary

  • promise — A declaration which binds the person who makes it, either in honor, conscience, or law, to do or forbear a certain specific act, and which gives to the person to whom made a right to expect or claim the performance of some particular thing. A… …   Black's law dictionary

  • contract — con·tract 1 / kän ˌtrakt/ n [Latin contractus from contrahere to draw together, enter into (a relationship or agreement), from com with, together + trahere to draw] 1: an agreement between two or more parties that creates in each party a duty to… …   Law dictionary

  • Consideration under American law — Contract law Part o …   Wikipedia

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”