• In addition to offer and acceptance, consideration, and competent parties, a legally binding contract must have a legal purpose.
• Agreements are illegal and void if they violate a state’s civil and criminal statutes, licensing statutes, gambling statutes, usury statutes, or Sunday statutes.
• Agreements are illegal and void because they are opposed to public policy if they disclaim liability for negligence, interfere with the administration of justice, interfere with the performance of a public duty, are harmful to marriage, unreasonably restrain competition and trade, create a monopoly or limit competition, or are unconscionable.
• An agreement may be partially legal and partially illegal. If it can be separated from the part that is illegal, the legal part of the agreement may be enforced.
Ligality of objects in a contract
![Ligality of objects in a contract]()
Reviewed by Hosne
on
9:26 PM
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