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Author Question: What is legality of purpose in the terms of a contract? What will be an ideal ... (Read 30 times)

sam.t96

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on: Aug 3, 2018
What is legality of purpose in the terms of a contract?
 
  What will be an ideal response?

Question 2

Very often, lifestyle expenses are financed with loans and credit cards, which will eventually catch up with the debtor, especially if coupled with a job loss, illness, or other personal tragedy.
 
  Indicate whether the statement is true or false


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morganmarie791

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Reply #1 on: Aug 3, 2018
Answer to Question 1

Legality of purpose requires that the object or purpose of the contract must be legal. A contract to perform any activity that is illegal or contrary to public policy is void and unenforceable.

Answer to Question 2

TRUE


sam.t96

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Reply #2 on: Aug 3, 2018
TY


morganmarie791

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Reply #3 on: Aug 3, 2018
You're welcome


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