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 results from failure or lack of consideration (see also consideration under English law). Illusory promises are so named because they merely hold the illusion of contract. For example, a promise of the form, "I will give you ten dollars if I feel like it," is purely illusory and will not be enforced as a contract.
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| - Illusory promise (en)
- 수의약정 (ko)
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| - 수의약정(illusory promise)란 실질적 구속력이 없는 약속 혹은 계약을 말한다. 계약내용이 이행자에게 이행을 하고 안할 수 있는 선택을 가능케 하여 이행이 법적구속력을 가지지 않는 경우가 포함된다. 예를 들어 갑이 을에게 위키백과에 자신이 원하는 만큼 기부를 하기로 계약을 하고 대가로 을은 갑에게 마우스를 제공한다면 이는 수의약정에 해당된다. 왜냐하면 "원하는 만큼"은 구체적이지 못하기 때문이다. (ko)
- 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 results from failure or lack of consideration (see also consideration under English law). Illusory promises are so named because they merely hold the illusion of contract. For example, a promise of the form, "I will give you ten dollars if I feel like it," is purely illusory and will not be enforced as a contract. (en)
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| - 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 results from failure or lack of consideration (see also consideration under English law). Illusory promises are so named because they merely hold the illusion of contract. For example, a promise of the form, "I will give you ten dollars if I feel like it," is purely illusory and will not be enforced as a contract. It is a general principle of contract law that courts should err on the side of enforcing contracts. Parties entering into the arrangement presumably had the intention of forming an enforceable contract, and so courts generally attempt to follow this intention. A promise conditioned upon an event within the promisor's control is not illusory if the promisor also "impliedly promises to make reasonable effort to bring the event about or to use good faith and honest judgment in determining whether or not it has in fact occurred." Methods of finding potentially illusory contracts enforceable include:
* Implied-in-law "good faith" terms
* Implied-in-fact terms
* Bargaining for a chance (en)
- 수의약정(illusory promise)란 실질적 구속력이 없는 약속 혹은 계약을 말한다. 계약내용이 이행자에게 이행을 하고 안할 수 있는 선택을 가능케 하여 이행이 법적구속력을 가지지 않는 경우가 포함된다. 예를 들어 갑이 을에게 위키백과에 자신이 원하는 만큼 기부를 하기로 계약을 하고 대가로 을은 갑에게 마우스를 제공한다면 이는 수의약정에 해당된다. 왜냐하면 "원하는 만큼"은 구체적이지 못하기 때문이다. (ko)
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