illegal contract

illegal contract
An agreement contrary to law, morality, or public policy. 17 Am J2d Contr § 156. A contract founded upon a consideration contrary to good morals, against the principles of sound public policy, in fraud, or in contravention of the provisions of some statute. Goodrich v Tenney, 144 Ill 422, 33 NE 44; Ovitt v Smith, 68 Vt 35, 33 A 769. Precisely, an agreement, the intent of which conflicts with a statute, a well-clarified rule of the law set forth by judicial decision, or the recognized rights of others so as to threaten the life, disturb the peace, or endanger the safety or morals of other citizens. Win. Lindeke Land Co. v Kalman, 190 Minn 601, 252 NW 650, 93 ALR 1393.

Ballentine's law dictionary. . 1998.

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  • illegal contract — a contract may be described as illegal if: (1) the aim or object of the contract is criminal or immoral; (2) some specific rule of statute or common law says that it is; (3) the method of contracting is illegal. At common law, contracts to commit …   Law dictionary

  • illegal contract — A contract prohibited by statute (e. g. one between traders providing for minimum resale prices) or illegal at common law on the grounds of public policy An illegal contract is totally void, but neither party (unless innocent of the illegality)… …   Big dictionary of business and management

  • illegal contract — agreement which is illegitimate, contract which is not authorized by law …   English contemporary dictionary

  • CONTRACT — (Heb. חוֹזֶה, ḥozeh), in general law theory a legally binding agreement between two or more parties, in terms of which one party undertakes for the benefit of the other to perform or refrain from a certain act. As such, contract is the main… …   Encyclopedia of Judaism

  • contract — con·tract 1 / kän ˌtrakt/ n [Latin contractus from contrahere to draw together, enter into (a relationship or agreement), from com with, together + trahere to draw] 1: an agreement between two or more parties that creates in each party a duty to… …   Law dictionary

  • illegal — il·le·gal /il lē gəl/ adj: contrary to or in violation of a law: illicit unlawful an illegal contract il·le·gal·ly adv Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • illegal — Against or not authorized by law @ illegal contract Contract is illegal where its formation or performance is expressly forbidden by a civil or criminal statute or where penalty is imposed for doing act agreed upon. Hiltpold v. T Shirts Plus, Inc …   Black's law dictionary

  • illegal — Against or not authorized by law @ illegal contract Contract is illegal where its formation or performance is expressly forbidden by a civil or criminal statute or where penalty is imposed for doing act agreed upon. Hiltpold v. T Shirts Plus, Inc …   Black's law dictionary

  • illegal transaction — Something beyond a mere intent to violate the law. An illegal intention, accompanied by an act which is criminal or prohibited by law. Smith v Blachley, 188 Pa 550, 41 A 619. See illegal contract …   Ballentine's law dictionary

  • illegal agreement — See illegal contract …   Ballentine's law dictionary

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