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ContractsContract ValidityMEDIUM

A contract with an illegal purpose or object is considered:

Correct Answer

B) Void and unenforceable by either party

A contract with an illegal subject matter or purpose is void ab initio — void from the very beginning — and cannot be enforced by either party. No court will assist in its enforcement, regardless of the parties' agreement.

Answer Options
A
Voidable at the option of the injured party
B
Void and unenforceable by either party
C
Enforceable only if both parties consent
D
Valid until challenged in court

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Background Knowledge for Contracts

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Related Topics & Key Terms

Related Topics:

void-vs-voidableab-initiolawful-purpose

Key Terms:

voidillegalab initiounenforceable
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