Which of the following contracts would typically be deemed void?

Get ready for the AceableAgent Promulgated Contracts Test. Practice with multiple choice questions, each offering hints and detailed explanations. Boost your confidence and ace your exam!

A contract for illegal activities is typically deemed void because it involves an agreement to engage in actions that are prohibited by law. Legal systems recognize that contracts must be founded upon lawful purposes; otherwise, they cannot be enforced. If both parties are entering into an agreement that violates the law, such as trafficking drugs or engaging in fraud, the contract cannot be valid because it contradicts societal legal standards and public policy.

In contrast, contracts for the sale of a car, employment, or lease of property, when made by parties who have the capacity to contract and are for legal and permissible purposes, would be enforceable. These agreements adhere to legal frameworks and do not conflict with existing laws, making them valid and binding upon the parties involved.

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