Chapter 15.Business Law, Mallor, 13thedition

Chapter 15.Business Law, Mallor, 13thedition - All this...

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Illegality A E T H 1 5 “In a free society the state does not administer the affairs of men. It administers justice among men who conduct their own affairs.” Walter Lippman
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Learning Objectives v Meaning of illegality v Types of illegal agreements v Effect on contracts v Special doctrines 15 - 2
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v An agreement will be unenforceable because of  illegality if the agreement involves an act or  promise that violates a law or is against public  policy  w Even if there was voluntary consent between two  parties who have capacity to contract v Effect:  no remedy for breach of an illegal  agreement Illegality   15 - 3
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Agreements that violate a statute v Agreements that violate public policy: w Agreements to commit a crime w Agreements promoting an illegal purpose w Agreement to perform an act for which the  person is not properly licensed w Example:   Riggs v. Woman to Woman P.C. w
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This note was uploaded on 04/10/2010 for the course BUS L-203 taught by Professor F.woodart during the Spring '10 term at IUPUI.

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Chapter 15.Business Law, Mallor, 13thedition - All this...

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