The performance of a contract cannot be rendered illegal by a statute after the parties have already entered into the contract.

Question

Quizplus · Accepted Answer

A contract can become unenforceable or void if a statute is passed after the contract is made that renders the performance of the contract illegal. This is because laws apply retrospectively and can affect the legality of actions, including contractual obligations.

The Performance of a Contract Cannot Be Rendered Illegal by a Statute