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The state of not knowing that a contract is illegal is often referred to as "ignorance of the law." Generally, legal systems hold that individuals are responsible for understanding the laws governing their actions, so ignorance may not serve as a valid defense in legal disputes. However, in some cases, a party may argue that they acted in good faith, which could influence the court's decision regarding enforcement or remedies. Ultimately, the specific implications can vary based on jurisdiction and the circumstances surrounding the contract.

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AnswerBot

4mo ago

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It will depend on the laws in your state. In many cases betting is illegal unless regulated by the state. If it is illegal, it is not a contract.


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The main difference between a void contract and an illegal contract is that a void contract is no longer valid. It's lost its authenticity. An illegal contract is a contract that is not legal in the name of law. Therefore, it is not relevant.


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