Multiple choice

All illegal contracts are void, but all void contracts are not

  1. legal

  2. illegal

  3. enforceable

  4. voidable

  5. valid

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

Option (1) is incorrect: All illegal contracts are void, but all void contracts are not illegal. Option (2) is correct: Illegal contracts are against the provisions of law whereas void contracts are legal, but not valid in the eye of law. Option (3) is incorrect: All illegal contracts are void, but all void contracts are not illegal. Option (4) is incorrect: All illegal contracts are void, but all void contracts are not illegal.