enforceable promise

An enforceable promise is a commitment that can be legally upheld in a court of law. For a promise to be enforceable, it usually must involve a clear agreement between parties, consideration (something of value exchanged), and a lawful purpose. If one party fails to fulfill their promise, the other can seek legal remedy or compensation. This principle underlines contractual agreements, ensuring that individuals and businesses can rely on promises made to them and seek redress if those promises are broken. Essentially, it's a way to protect people's interests in agreements they enter into.