Question: Where a contract calls for action that violates a statute, in a breach of contract case the court will: Group of answer choices impose the

Where a contract calls for action that violates a statute, in a breach of contract case the court will:
Group of answer choices
impose the appropriate criminal penalty
ignore the contract and leave the parties where they are
order both parties to return any consideration received
order payment so that the parties to the illegal contract share any losses equally
order the parties to change the terms of the contract such that it becomes legal

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 General Management Questions!

Q:

1. Sam orally agreed to sell Jamie some land for $500,000. Jamie paid Sam the $500,000; Sam gave Jamie the deed to the land. Jamie took possession of the land and began building a cabin on it. One...

Q:

1. Do you agree or disagree with the decision in the Lambert case (p. 323, textbook). Explain by making EXPLICIT reference to any of the principles of Contract Law (say which one(s) you are using)...

Q:

Flag question: Question 1 Question 1 1 pts A client wants to reduce the property's hazard insurance coverage substantially, in order to save money on the premiums. If the property manager tries to...

Q:

QUESTION 1 The law in the United States has been influenced by English, but not by French or Spanish law. a True b False QUESTION 2 Facilitating orderly change and maintaining the status quo are...

Q:

QUESTION 1 The law in the United States has been influenced by English, but not by French or Spanish law. a True b False QUESTION 2 Facilitating orderly change and maintaining the status quo are...

Q:

QUESTION 31 Generally, a minor must place the adult in status quo in order to disaffirm a contract. True False QUESTION 32 Contracts that have an illegal object are voidable. True False QUESTION 33 A...

Q:

Where a contract calls for action that violates a statute, in a breach of contract case the court will: Group of answer choices impose the appropriate criminal penalty ignore the contract and leave...

Q:

Where a contract calls for action that violates a statute, in a breach of contract case the court will: impose the appropriate criminal penalty ignore the contract and leave the parties where they...

Q:

Chapter 6 from The Legal and Ethical Environment of Business was adapted by The Saylor Foundation under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 license without attribution as...

Q:

FAA APARTMENT LEASE CONTRACT NAA NATIONAL APARTMENT ASSOCIATION Date of Lease Contract: (when the Lease Contract is filled out) This is a binding document. Read carefully before signing. Moving In -...

Q:

Suppose that X and Y have a bivariate uniform density over the unit square: (a) Find c. (b) Find P (0 0

Q:

What is a ghost employee?

Q:

An internal allocation of funch on a periodic buin, which is othen uned to sugulate the use of appropriabons over a budgetary penod, is called Mulple Choice A lividyanary leng Ansticuers. An...

Q:

Bond X is noncallable and has 20 years to maturity, a 9% annual coupon, and a $1,000 par value. Your required return on Bond X is 12%; if you buy it, you plan to hold it for 5 years. You (and the...