It Generally Is Incorrect to Use the Phrase "Illegal Contract

question 22

True/False

It generally is incorrect to use the phrase "illegal contract" because, if an agreement is illegal, the courts do not recognize it as a contract and the agreement is void.

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Definitions:

Demand Curve

The demand curve is a graphical representation that shows the relationship between the price of a good or service and the quantity demanded by consumers.

Frozen Yogurt

A frozen dessert made with yogurt and sometimes other dairy products, often viewed as a healthier alternative to traditional ice cream.

Sugar

A sweet-tasting, soluble carbohydrate that is used to sweeten food and beverages, derived from sources like sugarcane and sugar beets.

Market Shift

A significant change in the supply, demand or overall conditions of a market, which can result from various factors like technological advances or shifts in consumer preferences.