Which statement about promises is true?

Promises to make gifts in the future are generally considered unenforceable under contract law due to the lack of consideration. For a promise to be enforceable, there typically needs to be an exchange of something of value, known as consideration, which is not present in a gift scenario. A promise to make a gift does not create a binding obligation because the recipient does not provide anything in return; thus, the courts will not enforce such a promise.

This principle is rooted in the idea that, while a person may express the intention to give something away, that intention does not equate to a legal commitment unless the necessary elements of a contract—like consideration—are satisfied. Hence, the statement about promises to make gifts being unenforceable is accurate and reflects established legal principles surrounding contracts and promises.

On the other hand, the other statements either misinterpret the requirements for enforceability or confuse the essential characteristics of a valid promise or contract.