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An agreement for lawful consideration but with an unlawful object, is ……..
Void
Wager
Voidable
Partially Illegal
- Option 1: Void:
- An agreement is void if it lacks legal enforceability from the outset.
- Agreements with unlawful objects are not enforceable by law.
- Correct Answer: Void
- Option 2: Wager:
- A wager is a bet or gamble where the outcome is uncertain.
- It does not pertain directly to the legality of the object but rather to speculative nature.
- Option 3: Voidable:
- Voidable agreements are initially valid but can be annulled by one party.
- Typically involves issues like lack of consent, fraud, or misrepresentation, not unlawful objects.
- Option 4: Partially Illegal:
- Refers to agreements where only a portion is illegal, but they can be severed.
- If the unlawful part can be separated, the rest may still be enforceable.
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