"I'll sell you my car if I decide to sell it" is an example of:

Question

BlackTom AI · Accepted Answer

The prompt presents a statement and asks which label best describes it. 
Option 1: 'a uniliberal contract.' This term is not a standard legal concept used to classify contracts; it sounds misapplied or invented, so it does not fit the scenario. 
Option 2: 'a connoted offer.' Connotation relates to implied or suggested meaning in language, but in contract terms this is not a recognized category of offers; thus this label is inappropriate. 
Option 3: 'an unliquidated offer.' The word unliquidated typically appears in contexts dealing with the amount of a debt or damages that have not yet been fixed, not with the nature of an offer; therefore this option misdescribes the situation. 
Option 4: 'an illusory promise.' This phrasing matches the idea that the seller appears to promise to sell only at their discretion; since the obligation hinges on the seller’s unilateral decision, there is no real commitment, which is the essence of an illusory promise. 
In summary, the first three options rely on terms that do not accurately describe the nature of a conditional, discretionary promise, while the fourth captures the key flaw: the seller is not truly bound and the obligation is illusory.

LEGAL & REGULATORY ENVIRONMENT FIN 2050-04 (90533) FINAL EXAM

"I'll sell you my car if I decide to sell it" is an example of:

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