Contracts
Under New Mexico law, which of the following contracts would be VOID (not merely voidable)?
AA contract signed by a 17-year-old
BA contract to sell a property for an illegal purpose (e.g., operating a drug house)✓ Correct
CA contract signed under economic duress
DA contract with a mentally impaired person
Explanation
A contract for an illegal purpose is void from the outset — it has no legal effect whatsoever. Contracts with minors or those lacking capacity are voidable (can be disaffirmed), not void.
Related New Mexico Contracts Questions
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