Home > Terms > English, UK (UE) > Illusory promise

Illusory promise

A statement which appears to be formed into a legal contract but includes the option for the person making a promise to have no actual obligation to perform as stated. The agreement is typically very indefinite and there is no guarantee the stated actions will be taken regardless of whether or not they get paid or other such compensation from the other person.

This is auto-generated content. You can help to improve it.
0
  • Part of Speech: noun
  • Synonym(s):
  • Blossary:
  • Industry/Domain: Law
  • Category: Contracts
  • Company:
  • Product:
  • Acronym-Abbreviation:
Collect to Blossary

Member comments

You have to log in to post to discussions.

Terms in the News

Featured Terms

Harry8L
  • 0

    Terms

  • 0

    Blossaries

  • 1

    Followers

Industry/Domain: Entertainment Category: Popular culture

Post-it wars

Office workers in Paris have been using post-its on their windows to recreate popular images, in an apparent effort to out-do each other.