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23 November, 09:31

A owner agrees to lease a property to be used as a casino; state laws prohibit gambling. This contract would be legally defined as:1. void.

2. voidable.

3. valid.

4. unenforceable.

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Answers (1)
  1. 23 November, 13:23
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    It is void (1)

    Explanation:

    A void contract is a type of contract that cannot be enforced by law by either of the party. A void agreement is void ab initio, i e from the beginning.

    A good example of void contract is agreement to carry out an illegal act. The contracting parties do not have the power to make a void contract enforceable.

    A contract can also be void due to the impossibility of its performance or prerequisites of a valid contract is/are absent.
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Home » Business » A owner agrees to lease a property to be used as a casino; state laws prohibit gambling. This contract would be legally defined as:1. void. 2. voidable. 3. valid. 4. unenforceable.
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