Multiple choice

Which of the following is not correct?

  1. An illegal agreement is definitely void.

  2. A void agreement is essentially an illegal contract.

  3. All contracts are agreements.

  4. An illegal agreement is illegal ab initio.

  5. An illegal agreement has wider scope than void agreement.

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

It is not correct. A void agreement is not essentially illegal.