What is the doctrine of in pari delicto with reference to contracts?
A) It is a situation in which both parties are equally at fault in an illegal contract.
B) It is a situation where only one party has unknowingly signed a contract to commit crimes.
C) It gives minors the right to disaffirm a contract.
D) It is a special exemption right to circumvent usury laws.

Question

Quizplus · Accepted Answer

The doctrine of in pari delicto is a legal principle which means "in equal fault". It is applied when both parties are equally responsible or involved in an illegal contract or activity. In such a situation, the court will not enforce the contract and both parties will be held accountable for their actions.

What Is the Doctrine of in Pari Delicto with Reference