Asked by Tsahai Martin on Sep 30, 2024
Which of the following will not make an agreement illegal?
A) An agreement that violates a statute.
B) An agreement that violates public policy.
C) An agreement that is unconscionable.
D) An agreement that is not timely ratified.
Unconscionable
Describes actions or terms that are so unjust or overwhelmingly one-sided that they are considered contrary to fair play.
Public Policy
Guidelines and principles that reflect the societal values and interests which guide lawmakers and government actions.
Statute Violation
An act that breaks a specific statute law, which can be either a criminal or civil law, established by a legislative body.
- Comprehend the effects of upholding contracts that breach statutory regulations and the rationale behind statutory restrictions.
Learning Objectives
- Comprehend the effects of upholding contracts that breach statutory regulations and the rationale behind statutory restrictions.
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