When a person whom a regulatory statute seeks to protect enters into an agreement in violation of the statute, the protected person:
A) is only allowed to enforce the agreement.
B) cannot recover in quasi contract for benefits conferred on the other party.
C) cannot recover for any loss but may enforce the agreement.
D) may either enforce the contract or recover any consideration he or she has parted with.

Question

Quizplus · Accepted Answer

Many regulatory statutes attempt to protect certain classes of the public. In cases in which a person whom a statute seeks to protect enters into an agreement in violation of the statute, the protected person is allowed to enforce the agreement, or at least recover any consideration he or she has parted with.

When a Person Whom a Regulatory Statute Seeks to Protect