Chapter 10 Business Law

Contracts for the sale of prohibited articles

Cannot sell illegal items, or to people who are not able to obtain the items by law

Usury

Charging a higher interest rate than the law allows

Sunday Contracts

Obsolete in some jurisdictions, violations are almost never enforced

Usurious Contract

States limit the amount of interest you can charge

Gambling Contract

Transaction wherein the parties involved stand to win or lose based on pure chance

Contracts in Unreasonable Restraint of Trade

You cannot purposefully try to hinder businesses from operating and people from earning a living

Contracts of an Unlicensed Operator

illegal to operate certain businesses without license