Legality of Purpose is one of the elements of an enforceable

Legality of Purpose is one of the elements of an enforceable contract, since you obviously cannot be bound to a contract that has an illegal purpose or is contrary to public interest. Of the types of such agreements , which do you think would be most harmful to the parties to engage in, which would be most harmful to society? Are the benefits or drawbacks to the different stakeholder groups mutually exclusive?

Solution

There are different illegal purposes that make contract to be void or illegal contract. The one type that can harm most to the parties, is the contract to kill or take the life of someone. Due to this agreement, a panel code is applied and the parties are considered to be the planner of crimes. It will put them behind the bars and their whole lives will be spoiled. Another illegal purpose is the buy and sell of illegal or banned drugs in the society. It harms most to the society as a social evil is created in the community and spoils young and adults alike.

There are drawbacks or losses when there is a formation of contract with the illegal purposes. The losses to the community or to the parties are not mutually exclusive, because parties involved, also suffers from the activities that are illegitimate in nature. For example, sale of illegal drugs, contribute to the increase in crime. The increase in crime can also harm those people who are spreading the illegal drugs. So, all the stakeholders suffer, albeit in different capacities.