Question: How do option - to - cancel clauses in contracts cause problems in regard to consideration? When the promisee has the option to cancel the

How do option-to-cancel clauses in contracts cause problems in regard to consideration?
When the promisee has the option to cancel the contract before performance has begun, the promise is binding.
When the promisor has the option to cancel the contract before performance has begun, the promise is binding.
When the promisor has the option to cancel the contract before performance has begun, the promise is illusory.
When the promisee has the option to cancel the contract before performance has begun, the promise is illusory.
How do option-to-cancel clauses in contracts cause problems in regard to

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