The failure to obtain a license required by a statute whose sole purpose is to raise revenue does not affect the legality of unlicensed persons' agreements.

Question

Quizplus · Accepted Answer

The failure to obtain a license required solely for revenue-raising purposes does not generally affect the legality or enforceability of agreements made by unlicensed persons, as the primary purpose of such licensing is not to regulate the quality or integrity of the service or activity but merely to collect revenue for the government.

The Failure to Obtain a License Required by a Statute