An Agreement Can Be Illegal Even If No Statute Specifically

question 31

True/False

An agreement can be illegal even if no statute specifically states that such an agreement is illegal.

---

Definitions:

Deceit

A tort involving intentional misrepresentation or cheating by means of some device.

Injury

Physical harm or damage to a person's body, or harm to one's reputation or emotions in a legal context.

Rescission

The process of unwinding a transaction, returning all parties to their pre-contractual state.

Fraud

The intentional deception or misrepresentation made by a person or entity to gain an unfair advantage or harm another party.