In the scenario where a buyer purchases only a minimal amount under a contract, which statement is true?

In this scenario, the correct answer pertains to the nature of the contract and the legal concept of illusory promises. When a buyer is obligated to purchase only a minimal amount, this can suggest that the promise made by the buyer lacks the necessary consideration to create a binding obligation. An illusory promise occurs when one party's commitment is vague or lacks real substance, meaning that the promise does not actually bind the party to any specific action or purchase.

In this case, if the buyer is only purchasing a minimal amount, it might indicate that they haven’t committed to a definitive quantity, which can result in the conclusion that the buyer has not breached the contract. Instead, they effectively hold an illusory promise, as their commitment does not serve to create enforceable obligations due to its minimal nature.

Understanding the implications of illusory promises is crucial in contract law, as it often determines whether contracts are enforceable. Thus, when the promise lacks sufficient consideration or reliability, it does not constitute a breach of contract, reinforcing the position that the buyer is not liable in this situation.