In which of the following situations would the effect of illegality be an exception?
A) when both parties of an illegal contract execute their agreements
B) when both parties of an illegal contract are considered in pari delicto
C) when person is justifiably ignorant of the law or fact that made the contract illegal
D) when a person completes his act of an illegal contract but is not paid for his consideration
C
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A salesperson placed an ad for the sale of time shares in vacation lots. The ad offered the chance to win a prize if a prospect visits the lots, but it neglected to mention that a prospect must also attend a sales pitch to be eligible for the prize. Is this practice a violation of the law?
a. Yes. the ad would have been allowed if a full disclosure of terms had been made to the public b. Yes. A prize may not be offered for inspecting a lot c. No. The ad is allowed provided that prospects are not charged for the sales presentation d. No. The ad is allowed provided that a copy of the ad is sent to the Real Estate Commissioner
Members of a homogeneous group have many characteristics in common
Indicate whether the statement is true or false