What Is the Doctrine of in Pari Delicto with Reference

question 57

Multiple Choice

What is the doctrine of in pari delicto with reference to contracts?

• A) It is a situation in which both parties are equally at fault in an illegal contract.
• B) It is a situation where only one party has unknowingly signed a contract to commit crimes.
• C) It gives minors the right to disaffirm a contract.
• D) It is a special exemption right to circumvent usury laws.

---

Definitions:

Tariff

A tax imposed by a government on goods or services imported from other countries, often used to protect domestic industries.

Domestic Producers

Refers to manufacturers and suppliers that create goods and services within a country's borders, contributing to its economy.

Domestic Consumers

Individuals or households within a country that purchase goods and services for personal use, as opposed to businesses or foreign buyers.

Tariff

A tax imposed by a government on imported goods or services to protect domestic industries or generate revenue.