Question: A CONTRACT THAT IS TOTALLY ILLEGAL IS PROPERLY CALLED: (A) VOID (B) VOID, UNLESS THE EXCEPTION IN D BELOW IS APPLICABLE (C) VOIDABLE, I. E.

 A CONTRACT THAT IS TOTALLY ILLEGAL IS PROPERLY CALLED: (A) VOID

A CONTRACT THAT IS TOTALLY ILLEGAL IS PROPERLY CALLED: (A) VOID (B) VOID, UNLESS THE EXCEPTION IN "D" BELOW IS APPLICABLE (C) VOIDABLE, I. E. EITHER PARTY MAY ASK TO HAVE IT SET ASIDE (D ) VALID, IF A COURT IS CONVINCED THAT THE PEFORMANCE OF THE CONTRACT WOULD NOT APPRECIABLY HARM EITHER PARTY OR SOCIETY IN GENERAL

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Law Questions!