Principle

CONTRACT LAW – Illegality of Contract – Contract Founded on Exchange Control Contravention Is Void and Unenforceable

Area of law
CONTRACT LAW
Court
Supreme Court

Illegality renders a contract void and unenforceable. The court will not assist a party to an illegal contract. The principle applies to contracts prohibited by statute or common law. The illegality may be in the consideration, promise, or intention. The rule prevents the court from…

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