Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

97) What is common law illegality? Which of the following is correct? a. Common law determines that some agreements may be void, but this does

image text in transcribed
97) What is common law illegality? Which of the following is correct? a. Common law determines that some agreements may be void, but this does not necessarily make them unenforceable as they would be under statute b. If a contract is illegal under common law it is possible to apply to a court who can validate the contract, thereby overcoming the impediments set out in common law c. Where the common law determines that a contract is against public interest in some manner then the agreement is void or at least unenforceable d. Common law illegality only applies to taxation offences, tax avoidance agreements are voided, even though not covered by legislation

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Smith and Roberson Business Law

Authors: Richard A. Mann, Barry S. Roberts

15th Edition

1285141903, 1285141903, 9781285141909, 978-0538473637

More Books

Students also viewed these Law questions