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Chapter 7 Business Law Flashcards | Quizlet If a person lacks the mental capacity to enter a contract, then either he or she, or his or her legal guardian, may void it, except in cases where the contract involved necessities
Examples of illegal contracts include all but the following: Examples of illegal contracts include drug trafficking agreements, which are enforceable in no jurisdiction, and loan sharking contracts, which exploit borrowers In contrast, prenuptial agreements are legal contracts that outline the terms of a marriage and are enforceable in court
Solved Examples of illegal contracts include all but the - Chegg Examples of illegal contracts include all but the following:Contracts for the sale or distribution of heroin Contracts for loansharking Contracts in consideration of marriage Employment contracts for the hiring of undocumented workers
Chapter 7 Contracts Flashcards | Quizlet If a person lacks the legal capacity to enter into a contract, the agreement is considered voidable, which means the person who lacked capacity has the choice to either end the contract or continue with it as agreed upon
Types of Illegal Contracts: Examples and Legal Consequences Types of illegal contracts include agreements that involve criminal activity, fraud, lack of proper licensing, and contracts that violate public policy Common examples include contracts for illegal gambling, drug distribution, price-fixing, and employment agreements that violate labor laws
Examples of illegal contracts include all but the following: Contracts . . . Examples of illegal contracts include all but the following: Contracts for the sale or distribution of heroin Contracts for loansharking Contracts in consideration of marriage Employment contracts for the hiring of undocumented workers Typical remedies available for a breach of contract include: Money damages Rescission Specific Performance
Solved Question:1. Examples of illegal contracts include - Chegg Which of the following are examples of people who may not have the capacity to enter into Question: 1 Examples of illegal contracts include all but the following: A Contracts for the sale or distribution of heroin B Contracts for loansharking C Contracts in consideratioin of marriage