In English Law, it is technically an Illegal Contract and cannot be enforced by the courts. Or that's what I was taught when I studied contract law years ago.*Any* transaction that takes place between an individual and a company has a legal basis.
And one with a gob like a camel… absolute deviantsAnd a rag player who had a face like a horse....
Why would it be an illegal contract?In English Law, it is technically an Illegal Contract and cannot be enforced by the courts. Or that's what I was taught when I studied contract law years ago.
My understanding is that it is not 'illegal' but rather 'not legally binding'; considered a 'Gentleman's Agreement'. It therefore can't be contested in court if the bookie reneages on paying out for instance.Why would it be an illegal contract?
I could see that holding up in the old days when it really was all notepads and handshakes, but these days they’re registered companies, complete with statutes, board of directors, shareholders, and T’s n C’s longer than the inside of your arms.My understanding is that it is not 'illegal' but rather 'not legally binding'; considered a 'Gentleman's Agreement'. It therefore can't be contested in court if the bookie reneages on paying out for instance.