the money to the winner courts will require the stakeholder to return each wagerer's deposit.5.In what ways are usurious contracts sometimes disguised? Usurious contracts are sometimes disguised by requiring the borrower to execute a note for an amount in excess of the actual loan or antedate the note so as to charge interest for a longer period than that agreed on.6.Why are most statutes making it illegal to operate certain types of businesses or professions without a license enacted? Most statutes making it illegal to operate certain types of businesses or professions without a license are enacted to protect the public from incompetent operators.
7.Why are noncompete contracts that have restrictions that go further or longer than necessary to protect the buyer of the business unlawful? Noncompete contracts that have restrictions that go further or longer than necessary to protect the buyer of the business are unlawful because they burden the seller and because they deprive the business community and society in general of the benefit of the activitiesof the seller.8.What is the effect of a contract to divide up trade territory that affects interstate commerce?A contract to divide up trade territory that affects interstate commerce is declared illegal by the Sherman Antitrust Act or the Clayton Act.9.What are the consequences of a contract to seek a divorce for a consideration? A contract to seek a divorce for a consideration is void as against public policy.10. Under what circumstances will a contract that may obstruct our legal processes be void?Any contract that may obstruct our legal processes will be void when it has the tendency to obstruct justice even if justice is not actually obstructed.
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