A contract formed for an illegal purpose is:
Correct Answer
B) Void
A contract with an illegal purpose is void ab initio (void from the beginning). It has no legal effect and cannot be enforced by either party. This differs from a voidable contract, which is valid and enforceable until one party chooses to disaffirm it, and from an unenforceable contract, which may have been valid but cannot be enforced due to a procedural defect such as the statute of limitations.
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