Generally, Any Party to an Illegal Contract Can Recover for Performance

question 68

True/False

Generally, any party to an illegal contract can recover for performance rendered.

---

Definitions:

Internal Control

Internal Control encompasses the policies, procedures, and actions implemented by a company to ensure the integrity of financial reporting, compliance with laws and regulations, and effective and efficient operations.

Cost-Benefit

An analysis or approach that compares the costs and benefits of a decision, project, or action to determine its feasibility or profitability.

Internal Control

Strategies and actions taken by a corporation to maintain the accuracy of its financial and accounting records, encourage responsible behavior, and deter dishonesty.

Safeguarding Assets

Measures or strategies employed by an organization to protect its assets from theft, damage, or any form of misuse.