An Agreement Illegal

In addition, one or part of one of the considerations of a single object of the contract is unlawful; such an agreement is considered invalid in the eyes of the law. The broker had to bet with the money on the movement of the shares of the Royal Bank of Scotland on the stock exchange, using inside information to obtain: insider trading. It is a kind of contract illegal by law. The courts give no effect to illegal transactions or the rights derived from them and it is contrary to private rights if the plaintiff: A person involved in an unlawful agreement risks losing because his or her actions are not covered by the illegal contract….