Asked by Kaitlyn Peters on Mar 10, 2024
Verified
A contract to do something that is prohibited by statutory law is illegal but not void from the outset.
Statutory Law
Laws enacted by a legislative body, such as Congress or a state legislature.
Prohibited
Something that is forbidden or disallowed by law or regulation.
Illegal
Activities or actions that are forbidden by law and subject to penalties.
- Recognize the circumstances under which contracts can be void, voidable, or enforceable.
Verified Answer
YT
Yanely TepepaMar 10, 2024
Final Answer :
False
Explanation :
A contract to do something that is prohibited by statutory law is considered void from the outset because it is against public policy to enforce such agreements.
Learning Objectives
- Recognize the circumstances under which contracts can be void, voidable, or enforceable.
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