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3.2. Void

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    3 cards from this lesson. Good the night before a test.

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  1. 1.

    Define a void contract.

    Hint

    Think about contracts that involve illegal activities.

  2. 2.

    Give an example of a void contract.

    Hint

    Consider activities that are against the law.

  3. 3.

    What defines a void contract?

    • It is invalid from the start
    • It can be enforced if contested
    • It is valid unless cancelled
    Hint

    Focus on the inherent legality when it was formed.

  4. 4.

    A contract to perform an illegal act is a ____ contract.

    Hint

    Think about the legality of the agreement.

  5. 5.

    Evaluate the following scenario: John, a minor, enters into a contract with a local gym to purchase a membership. What is the status of this contract and why?

    Hint

    Think about the age-related legal limitations on contract formation.

  6. 6.

    Imagine a business that agrees to sell electronics but includes a clause mandating illegal activity. Discuss the enforceability of this contract.

    Hint

    Recall that any illegal purpose will result in voiding a contract.

Exercises

Total Questions

2

Estimated Time

4 min

Passing Score

70%

Instructions

  • Read each question carefully
  • You can use hints if you need help
  • Complete all questions before submitting

4 more questions available

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Quiz

Total Questions

2

Estimated Time

4 min

Passing Score

70%

Instructions

  • Read each question carefully
  • You can use hints if you need help
  • Complete all questions before submitting

1 more question available

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Challenge Problems

Total Questions

2

Estimated Time

4 min

Passing Score

70%

Instructions

  • Read each question carefully
  • You can use hints if you need help
  • Complete all questions before submitting