For a contract to be valid, its subject matter must be lawful. A contract is illegal and unenforceable if its subject matter:
A) violates the common law
B) is contrary to public policy
C) violates state or federal statutory law
D) none of the other choices
E) all of the specific choices are correct

Question

Quizplus · Accepted Answer

A contract is considered illegal and unenforceable if its subject matter violates common law, is contrary to public policy, or violates state or federal statutory law.

For a Contract to Be Valid, Its Subject Matter Must