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.

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Definitions:

U.S. Army

A branch of the United States Armed Forces responsible for land-based military operations.

Control Orientation

An individual's inclination towards exercising control or influence over their environment and situations.

Focus of Attention

Refers to the specific interests or activities that an individual or organization prioritizes and concentrates on.

Organizational Culture

The shared values, beliefs, norms, and practices that characterise an organisation, influencing its members' behavior and contributing to the unique social and psychological environment of the organization.