Illegality - law of contract, Business Law and Ethics

Illegality - Law of Contract

Therefore an agreement to constitute a legally enforceable contract then it must have been entered into to a lawful purpose.  But an agreement to do something that is prohibited through statute or the common law is not a contract - while such agreements are generally identify "illegal contracts as.

Illegal Contracts

Contracts illegal by statute

Although a particular contract is prohibited through a particular statute depends on the wording of the statute.  Whether like, employment act to contracts for the payment of wages or salaries in kind are unlawful.

Posted Date: 1/22/2013 4:10:58 AM | Location : United States

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