Illegal Contracts

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Title: Illegal Contracts

Essay Details:

Subject: Business

Author: Zachary T

Date: April 15, 2017

Level: University

Grade: A

Length: 8 / 2397

Essay text:

The difference between illegalities, voids and restraints will be presented, along with cases to provide examples. It must be known that there is a difference between void contracts and illegal contracts. A void contract is not even considered a contract, as it is unable to be enforced by law. In the event that a contract is not only void but illegal, the courts will refuse to help a party who purposely agreed to an illegal arrangement. (Smyth, 2007) There will be no suing for any promised money, or the return of previously transferred property. It is known that when both parties have the knowledge of the illegalities, the court will not assist either of them...

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