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Contracts CLS > Illusory Promises > Flashcards

Illusory Promises Flashcards

1
Q

Illusory Promise

A

Empty promise manifesting no commitment

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2
Q

Alternative Means

A

Several alternative means of performance is illusory UNLESS every alternative involves some legal detriment to promisor

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3
Q

Satisfaction Clauses

A

Satisfaction clauses do NOT make promises illusory - constrained by good faith

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4
Q

Exclusive Agency Contracts

A

One party agrees to represent a brand as their exclusive agent

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Contracts CLS (10 decks)

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