BUL 3320 Chapter Notes - Chapter 13-15: Oral Contract, Prenuptial Agreement, Usury
Document Summary
General rule- the court will not enforce a rule/agreement if it is illegal. Regulatory license protects public against unqualified persons (lawyer practicing w/o passing he bar) person cannot recover for services they have performed. Any contract in which they enter into is unenforceable (you aren"t bound to pay even if the person has performed a service for you) Revenue license doesn"t require you to say i am qualified. It is less like a license and more like a fine person can recover for services they have performed. Usury statutes max rate( interest and fees) that can be charged on a loan ( national law ) Noncompetition agreements can sometimes prevent you from working at another company (old jobs competitors company) Is allowed if it is a uniformed policy (need to be aware of what you are signing) New employer needs to know that you signed ( because they can be sued along w/ you)
