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Julli [10]
2 years ago
9

Legality of ______ means that contracts that are contrary to existing laws or public policy are likely to be rendered unenforcea

ble.
Law
1 answer:
lora16 [44]2 years ago
6 0

Legality of purpose is the concept that a contract may be enforced even if its terms are against the law or public policy.

<h3>What Does Contract Law Mean by Legality of Purpose?</h3>
  • The terms and conditions of legal documents that are enforceable and legally binding constitute the validity of purpose in contract law.
  • They frequently include commitments and conditions that were mutually agreed upon.
  • Every enforceable contract must have a purpose that is legal.
  • According to the insurance principle known as "legal purpose," insurance contracts that cover things that are illegal or entail illegal terms are invalid.
  • For instance, a liability insurance policy for a business engaged in bank robberies would not be acceptable. None of the asserted claims would be enforceable in court.
<h3>What does the term "Purpose" in a contract mean?</h3>

The term "purpose" refers to both the parties' intention to investigate developing a commercial connection in regards to the Project and their subsequent business action in that regard.

learn more about Law here

<u>brainly.com/question/26463698</u>

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