Asked by Kristofer Miller on Jul 15, 2024
Verified
A contract that calls for an action contrary to public policy is illegal but not unenforceable.
Public Policy
Principles and standards regarded by the legislature or courts as being of fundamental concern to the state and the whole of society.
Illegal
That which is forbidden by law; activities or actions that are against statutory laws and regulations.
Unenforceable
A contract or clause that cannot be executed by the judicial system because it violates laws or regulations or because it lacks certain essential elements.
- Know the effect of illegality and public policy on the enforceability of contracts.
Verified Answer
YT
Yeyenne TelismeJul 20, 2024
Final Answer :
False
Explanation :
A contract that calls for an action contrary to public policy is considered both illegal and unenforceable because it violates the law or fundamental principles of justice or the public good.
Learning Objectives
- Know the effect of illegality and public policy on the enforceability of contracts.