The transactions collateral to illegal agreements is ____
A.valid
B.voidable at the option of plaintiff
C.also illegal & not enforceable by law
D.none of these
Answers
Answered by
1
C. also illegal and not enforceable by law
i hope it will help u
i hope it will help u
Answered by
0
Option (C) also illegal & not enforceable by law is the correct option.
Illegal agreements are agreements that are contrary to law, morals, or public policy. They are not enforceable by law and can be considered void or voidable.
Here are some key points to consider:
- Transactions collateral to illegal agreements are also illegal and not enforceable by law. These are transactions that are connected to or depend on an illegal agreement.
- An illegal agreement cannot be enforced by law, so any transactions that are connected to it will also be considered illegal and not enforceable by law.
- Illegal agreements can be criminal in nature, such as agreements to commit a crime, or they can be civil, such as agreements that violate a contract law or consumer protection law.
- Even if the parties to an illegal agreement have performed their obligations under the agreement, the agreement is still not enforceable by law.
- If a party to an illegal agreement seeks to enforce it in court, the court will generally refuse to do so and may impose penalties or sanctions on the party for attempting to enforce an illegal agreement.
Therefore, the correct option is C.
To learn more about agreement from the given link.
https://brainly.in/question/21424617
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