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In violation of a state licensing statute, Jones purports to be an attorney. After making that allegation, he contracts to perform legal service for Smith.

In violation of a state licensing statute, Jones purports to be an attorney. After making that allegation, he contracts to perform legal service for Smith. Smith then pays Jones a $500 retainer. Later, after discovering that Jones is not licensed and therefore cannot get the job done, Smith sues Jones for the $500. What is the most likely result, and why?
A) Smith definitely wins, because here we have a revenue-raising statute.
B) Smith probably wins, because parties for whose protection a regulatory statute has been enacted often can recover amounts paid under a contract declared illegal by the statute.
C) Smith definitely loses, because here we have a regulatory statute.
D) Smith probably loses, because the law obligates one to check the licensure of a professional with whom one deals.

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