conditional promise

A promise that is conditioned on the occurrence of an event other than the lapse of time [she made a conditional promise to sell the gold on April 2 unless the price fell below $300 an ounce before that time].

• A conditional promise is not illusory as long as the condition is not entirely within the promisor’s control. [Cases: Contracts 58, 218. C.J.S. Contracts §§ 107, 355, 358.]

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词条贡献者

双语律师Jason，国内知名法学院国际贸易专业，擅长翻译各类与出口管制、经济制裁及海关相关的法律文件。