An Apparently Illusory Promise May Become Enforceable If a Judge

question 30

True/False

An apparently illusory promise may become enforceable if a judge implies an obligation that the parties act in good faith.

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Definitions:

Societal Marketing Concept

A marketing approach that considers not only the needs and wants of consumers but also the long-term interests of society, focusing on sustainability and ethical practices.

Moral Principles

Fundamental beliefs or rules about right and wrong that guide an individual's behavior and decisions.

Larger Society

The broader social context that extends beyond smaller social units, encompassing larger groups and cultural norms.

Ultimate Consumers

The end-users who purchase and use products or services for personal, non-commercial purposes.