• Identify and explain the types of contracts that may
violate a statute and distinguish between the two
types of licensing statutes.
• Describe when a covenant not to compete will
be enforced and identify the two situations in
which these types of covenants most frequently
arise.
• Explain when exculpatory agreements, agreements
involving the commitment of a tort, and agreements
involving public officials will be held to be illegal.
• Distinguish between procedural and substantive
unconscionability.
• Explain the usual effects of illegality and the major
exceptions to this rule.
