Which of the Following Is a Correct Statement Regarding Illusory

question 51

Multiple Choice

Which of the following is a correct statement regarding illusory promises?

• A)Illusory promises are not consideration.
• B)Illusory promises are consideration.
• C)Illusory promises qualify as consideration when past consideration is at issue.
• D)Illusory promises qualify as consideration when promissory estoppel is at issue.
• E)Illusory promises can constitute consideration,but only when a sale of goods is involved.

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Definitions:

White Man's Burden

A concept popularized by Rudyard Kipling's poem, suggesting the duty of European and Euro-American peoples to colonize and civilize non-European societies.

Anglo-Saxon Nations

Refers to countries with a dominant cultural heritage stemming from Anglo-Saxon traditions, often associated with English-speaking countries.

Populists

Political actors or movements that seek to represent the interests and voices of ordinary people, often positioning themselves against the elite or established power structures.

Homestead Strike

A major labor strike in 1892 at the Homestead Steel Works in Pennsylvania, notable for its violence and the use of Pinkerton agents.