CA Foundation doubt
Can someone please tell me the difference between unlawful and illegal agreement
Asked by Sneha9 May 2024451 views
CA Foundation doubt
Asked by Sneha9 May 2024451 views
Sagar · 9 May 2024
Illegal is doing something that is not permitted by law ( violating the law) and unlawful is doing something that is not authorized by law, but it is not mentioned in law. Example: illegal: sale of alcohol to minors Unlawful: Suppose you made a contract with B to pay him ₹10000 per month. But you later decline to pay him. This is unlawful
Dev · 9 May 2024
An agreement is illegal if it violates a specific statute, is immoral, or opposes public policy.
Dev · 9 May 2024
an agreement is unlawful if it is forbidden by law, fraudulent, or implies injury to another person or property
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