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Consideration and object of an agreement is unlawful if it
is fraudulent
is possible
is impossible
all of the above
- An agreement is considered unlawful if its consideration or object is illegal or not permitted by law.
- Option 1: is fraudulent ??
- If the purpose or consideration is to commit fraud, it is unlawful.
- Option 2: is possible
- If something is possible, it does NOT make the agreement unlawful.
- Option 3: is impossible
- If the consideration or object is impossible (cannot be done), the agreement is void, not unlawful; but it often overlaps in certain contexts.
- Option 4: all of the above
- Not correct, because possible consideration is not unlawful.
Correct Answer: Option 1: is fraudulent ??
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