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Which of the following is true regarding illusory promises? Illusory promises are consideration only when...

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Accounting

Which of the following is true regarding illusory promises?
Illusory promises are consideration only when a sale of goods is involved.
Illusory promises are consideration.
Illusory promises qualify as consideration only when promissory estoppel is at issue.
Illusory promises are not consideration.
Illusory promises qualify as consideration only when past consideration is at issue.
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