Contracts must have a Lawful Purpose

The video explains that contracts with illegal purposes, such as those involving criminal activities, are unenforceable. It also discusses unconscionable contracts, which are so unfair that enforcing them would be unjust. Contracts that violate public policy, like monopolistic agreements, are also unenforceable. Lastly, the video covers covenants not to compete, which are only enforceable if they are reasonable in terms of time and geographic scope.

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