Public Policy and Illegality | Contracts | Defenses and Excuses

This video adds another defense to our growing list of defenses to contract formation. The claim that the subject matter or terms of a contract violate the law or run afoul of established public policy can sometimes serve as a defense. We'll see that there are some clear cut cases but also doubtful ones where we need to balance the policies for and against enforcing the contract. Chapter 00:00 - Introduction 00:19 - (1) Rules Overview 02:42 - Three Categories of Contracts 23:59 - Remedies 25:35 - Availability of Restitution 27:24 - (2) Specific Contracts Types 39:48 - Conclusion/Outro