Some States Have Changed the in Pari Delicto Rule and Permit

question 94

True/False

Some states have changed the in pari delicto rule and permit the less-at-fault party to recover restitution of the consideration they paid under an illegal contact from the more-at-fault party.

---

Definitions:

Creditor

An individual, company, or institution to whom money is owed by another party, the debtor.

Debtor

A person or entity that owes money to another party.

Electronic Transfer

Electronic transfer involves the movement of funds between accounts using electronic systems, without the need for physical exchange of money.

Duty To Honor

The obligation to accept and fulfill legal or financial commitments or contracts.