In: Psychology
Contract contrary to statute vs Contrary Public Policy What is the difference in brief answer
Contract contrary to statute vs Contrary Public Policy
Statute is defined as formal written rules and laws by legislative assembly that governs the state. Statute means laws of the state. Unlike common laws that are passed by judges statute are written down and passed by legislative assembly.
Public policy can be defined as unwritten agreements and principles that are basis for the laws. This policies are exercised on public through administrative branches of the state. Public policies help in creating new laws. It is a guide to action, codified and principled. Public policy can be easily understood as ‘laws that forms the law or laws that help create laws.’
Contract is an agreement, written or promised which has legal validity , indented to be enforceable by law, between two parties.
Contract contrary to statute is a contract that violates the statute/ law. A contract that violates the law is considered void.
Contrary to public policy is violation of a certain act to adhere to the principles of the policy. A policy is ‘contrary to’ if it tends to promote breach a law of the policy behind a law or tend to harm the state or its citizens.
‘Contrary to’ is a violation.