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If One Party's Promise Contains No Real Obligation, Then the Promise

question 10

True/False

If one party's promise contains no real obligation, then the promise is merely an illusory promise and the contract will fail for lack of mutuality.


Definitions:

Stressors

External factors or stimuli that cause stress to an individual.

Type A Behaviour Pattern

A personality pattern that includes aggressiveness, ambitiousness, competitiveness, hostility, impatience, and a sense of time urgency.

Physiological Reactions

Bodily responses to various stimuli, including changes in heart rate, hormone levels, or muscle tension, among others.

Adverse

Referring to conditions or situations that are unfavorable or harmful, potentially leading to negative outcomes.

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