Which Types of Contracts Are Illegal and Unenforceable from the Time

question 6

Multiple Choice

Which types of contracts are illegal and unenforceable from the time they are made,no matter what the parties intended when they entered into the contracts?

• A)Contracts that involve illegal gambling.
• B)Contracts that involve tax avoidance.
• C)Contracts that involve unreasonable restraint of trade clauses in employment contracts.
• D)All of the above.

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Definitions:

Social Regulation

Refers to government-imposed restrictions that aim to protect public health, safety, and well-being, as well as to ensure fair competition and consumer protection.

No Free Lunch

An expression indicating that everything has a cost, and nothing is truly given away without an expectation of something in return.

Less Government

A philosophy or approach that advocates for minimal governmental intervention in economic affairs.

Social Regulation

Rules imposed by government aimed at restricting behaviors that directly relate to the welfare of individuals in society, such as health, safety, and environmental regulations.