Question 17

Charging an illegally high interest interest rate to consumers is known asusury.

Group of answer choices

True

False

Question 18

Gambling, interest rates, and Sunday contracts are among the types of contracts thathave notbeen subject to legislative illegality.

Group of answer choices

True

False

Question 19

A non-compete agreement is a contract where a former employee agrees not to compete against a former employer, once the employee leaves the employer's company. Courtsview non-compete agreements as an illegal restraint of trade; and against public policy.

Group of answer choices

True

False

Question 20

In general, illegal contracts are unenforceable. For example, if two parties engage in a contract related to illegal activity....those parties should not expect the courts to intervene, unless the court has a compelling public policy reason for doing so.

Group of answer choices

True

False