The social consequences of a contract are important in determining the contract's validity.

Question

Quizplus · Accepted Answer

The social consequences of a contract, such as how it affects the parties involved and society as a whole, can play a role in determining its validity. For example, a contract that violates public policy or goes against ethical standards may be deemed invalid even if it meets all legal requirements. Therefore, social consequences can be an important factor in evaluating the enforceability of a contract.

The Social Consequences of a Contract Are Important in Determining