The direct cause of market fragmentation is the large number of new products introduced annually

Which of the following is true of a contract, the object of which has become unlawful after the creation of the contract?

A) The contract is still legal as the object was legal at the time of creating that contract. B) The contract is illegal even if the parties don't complete the contractual agreement. C) The parties of the contract will be discharged from that contract. D) Both parties are still obligated to complete their contractual agreements.

If the law changes such that the actions called for in an agency arrangement become illegal after

the agency has been carried on legally for some period of time, what is the consequence? A) The agency is not terminated, but the principal and agent will each become liable for his or her own illegal actions. B) The agency is not terminated, but the principal and agent will each become liable for the illegal actions of the other. C) The agency is terminated effective upon the change in law taking effect. D) The agency is terminated retroactively and the parties must each return any consideration received from the other. E) The agency is terminated retroactively and the parties are left where they are.