Question
Agreements formed illegally are treated as void. What is the legal effect of illegal agreements? (Choose the correct answer.) a. A void agreement has the
Agreements formed illegally are treated as void. What is the legal effect of illegal agreements? (Choose thecorrectanswer.)
a. A void agreement has the same effect as an unenforceable agreement
b. Void agreements may allow remedies for persons who have no notice of the void nature of the agreement.
c. A void agreement has the same legal effect as a voidable contract.
d. The agreement is considered void from its inception.
e. One of the parties to the agreement must seek a declaration that the agreement is void. Until then, third parties may gain rights arising out of the agreement.
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