Yes, all contracts with illegal subject matter are voidable. A judge cannot order enforcement of illegal activities, so the contract is not valid.
no, they are subject to the 'reasonable person test'
Charles Himawan has written: 'Business law: contracts and business associations' -- subject(s): Contracts, Corporation law
David Yates has written: 'The Project' 'Doing Business in Europe and the Pacific Rim' 'Leases of business premises' -- subject(s): Commercial leases 'Standard business contracts' -- subject(s): Contracts 'BOMB ALLEY - FALKLAND ISLANDS 1982'
Leonard Lakin has written: 'Materials in the law of business contracts' -- subject(s): Cases, Contracts 'Business law' -- subject(s): Commercial law, Examinations, questions, Outlines, syllabi 'The law of agency' -- subject(s): Agency (Law)
Michael Z. Brooke has written: 'Selling management services contracts in international business' -- subject(s): International business enterprises, Management contracts 'Sedgefield'
An insolvent person generally retains contractual capacity, meaning they can enter into contracts, unless a court has specifically restricted their ability to do so due to their financial situation. However, while they can make contracts, the enforceability of those contracts may be affected by their insolvency. For instance, in some jurisdictions, contracts entered into by an insolvent person may be voidable or subject to review by a bankruptcy court. Therefore, while they can engage in contracts, the implications of their insolvency must be considered.
Kim Lewison has written: 'Drafting Business Leases (Drafting)' 'The Interpretation of Contracts' -- subject(s): Contracts, Interpretation and construction
Richard M. Pfeffer has written: 'Understanding business contracts in China, 1949-1963' -- subject(s): Commercial law, Contracts
Albert N. Schrieber has written: 'Defense procurement and small business' -- subject(s): Defense contracts, Small business
John Edward Murray has written: 'Murray on contracts' -- subject(s): Contracts 'Purchasing and the law' -- subject(s): Commercial law, Purchasing agents, Industrial Trusts, Legal status, laws, Antitrust law, Handbooks, manuals 'Contracts of the rich and famous' -- subject(s): Contracts, Celebrities 'Murray on Contracts, Third Edition, 1990' 'Sales and Leases' 'Contracts' -- subject(s): Contracts, Cases 'Corbin on contracts' -- subject(s): Contracts
Isabella Leoncini has written: 'Reato e contratto nei loro reciproci rapporti' -- subject(s): Illegal contracts
Emma Jacques has written: 'Bid management' -- subject(s): Letting of contracts, Proposal writing in business