Illegal contracts - PowerPoint PPT Presentation

Legality of Contract

Legality of Contract. Being able to distinguish between the different categories of contract is important as the consequences flowing from each are different Contracts can be illegal or void at both statute and common law. Legality of Contract. Categories of contracts. Void Contracts.

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Contracts

Contracts. Consumer. A person who buys a good or service from a seller. Caveat Emptor. “Let the Buyer Beware” In the past, consumers had to look out for themselves for unfair or misleading sales practices. What is a Contract?.

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300 views • 14 slides

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